Federal Reserve Chair Jerome Powell

The US Fed just unleashed the most aggressive policy action in decades to combat soaring inflation.

"I don't think we’re behind the curve. I feel the policy is well-positioned to address plausible outcomes," Powell said.

Last week’s record close came after the Fed chair allayed fears that current easy liquidity conditions will tighten too quickly.

Profit margins for US firms seem to be bottoming out and could soon rise in the coming months.

SINGAPORE (Dec 13): The US Federal Reserve has signalled that it will keep rates unchanged, which indicates borrowing costs in the country will remain at status quo even as it heads into next year’s presidential election with moderate economic growth an

SINGAPORE (Feb 27): The overall performance of the Central Provident Fund Investment Scheme-included funds (CPFIS-included funds) for 4Q17 increased by 3.61% on average, according to findings from Thomson Reuters Lipper.

(Dec 14): The Federal Reserve raised interest rates on Wednesday but left its rate outlook for the coming years unchanged even as policymakers projected a short-term jump in US economic growth from the Trump administration’s proposed tax cuts.

SINGAPORE (Nov 29): The overall performance of the Central Provident Fund Investment Scheme-included funds (CPFIS-included funds) for 3Q17 ended September increased by 2.7% on average.