PETALING JAYA: “Higher for longer” rates in the United States and the new policy regime in Washington is set to dominate investor sentiment and equity investment activity for much of 2025.
The Donald Trump administration action to proceed with tariffs on Mexico, Canada and China effective this month are set to heighten trade tensions, possibly dampen global economic growth and drive inflation higher in the United States as the Federal Reserve signalled a slower pace of rate normalisation in 2025, backed by a labour market that remains strong.
