Don’t fight the Fed


WHEN the US Federal Open Market Committee (FOMC) met in December, the guidance given to the market was that the US Federal Reserve (Fed) had revised its guidance with a 75-basis-point (bps) cut in the Fed Fund Rate (FFR) this year from the current rate of 5.25%-5.50% range, based on its latest dot plot.

The minutes of the meeting released this week also showed that the Fed was rather concerned of a move to cut rates too soon for fear that the expected lower inflation rate is sustainable.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Insight

Too many passive investors? No such thing
Asian currencies can’t fight the greenback
Funds quickly buy back into copper’s super-cycle credentials
Addressing S. Korea’s growing trade surplus
Why solar and wind energy isn’t winning
Volatility uncorked as US solo surge unleashes the dollar
How to prepare to grow your wealth effectively this year
Financial literacy is crucial to fight scams
Swiss banking plan leaves ‘relieved’ UBS out of the firing line
China EVs can overcome hurdles in global markets

Others Also Read