Federal Open Market Committee (FOMC)

US Economy

US Fed sees rates staying high for some time with cuts eyed in 2024

The minutes indicated increased optimism among participants about the path of inflation, noting “clear progress.”

Broker's Calls

UOB Kay Hian downgrades Singapore banking sector to ‘market weight’ amid anticipated interest rate downcycle

OCBC is analyst Jonathan Koh’s top pick due to its commitment to maintaining its 50% dividend payout ratio.

US Economy

Economists see Powell’s message as 'hawkish'; 50 bps increase 'consistent' with forecasts

"Real interest would rise considerably next year, which could hurt economic growth and affect financial stability": DBS

Global Markets

What can Asian investors do during this volatility?

Analysts are also anticipating a choppy 3Q2022 ahead, and the US Fed being likely to hike 75 basis points in July.

Broker's Calls

DBS, UOB, CDG, ST Engineering and Genting among RHB's top picks amid inflation theme

The brokerage has also estimated a target of 3,460 points for the Straits Times Index for the end of 2022.

US Economy

Higher yields seen as headwinds to investors; FOMC's hawkish stance could intensify: analysts

Analysts at DBS and UOB are expecting to see cumulative basis point increases this year.
USD likely to be supported with Fed moves: analysts - THE EDGE SINGAPORE

Broker's Calls

USD likely to be supported with Fed moves: analysts

Analysts from Bank of Singapore, DBS and UOB expect the Fed to announce tapering this November.
Fed rate hike remains unlikely, but Maybank Kim Eng sees more hawkish FOMC in 2022 - THE EDGE SINGAPORE

Broker's Calls

Fed rate hike remains unlikely, but Maybank Kim Eng sees more hawkish FOMC in 2022

That said, all six Fed Board of Governors led by Fed Chair Powell still command the majority on the FOMC.

Broker's Calls

Expect low rates till at least 2023, says Fed

OCBC Chief Economist Mansoor Mohi-uddin sees low rates persisting till as late as 2025.

Global Markets

Analysts not surprised by Fed's rate cut

SINGAPORE (Nov 4): On Oct 30, the US Federal Reserve announced its third interest rate cut this year, a move that was not unexpected.
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