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Federal Reserve (Fed)
Global Economy
More pressure on bonds
SINGAPORE (Jan 30): The Federal Reserve has been happy to raise interest rates very slowly despite tight labour markets because of low inflation. However, there are now signs that the underlying pace of price rises is close to the Fed target. This means t
January 30, 2018
Global Economy
Fed raises interest rates, keeps 2018 policy outlook unchanged
(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.
December 14, 2017
2018 look ahead by UBS
Take advantage of monetary tightening and higher volatility in 2018
SINGAPORE (Dec 5): Central banks will be tightening monetary policies in 2018, but this is no cause for alarm, as higher rates could usher in opportunities, according to financial firm UBS in its The Year Ahead 2018.
December 05, 2017
Global Markets
Fed likely to raise interest rates 4 times in 2018 as US growth gains: Goldman Sachs
(Nov 20): The US economy is heading into 2018 with strong momentum that’s likely to boost wages and inflation more broadly, requiring the Federal Reserve to raise interest rates four times next year, Goldman Sachs Group economists said in a research not
November 20, 2017
Currencies
Malaysian ringgit expected to remain strong after reaching year high
SINGAPORE (Nov 17): The Malaysian ringgit (MYR) on Wednesday reached a one-year high against the USD at 4.1745. And due to encouraging domestic and external factors, economists expect the MYR to remain strong.
November 17, 2017
Fed set to hold rates steady ahead of Trump's leadership decision
(Nov 1): The Federal Reserve is expected to keep interest rates unchanged on Wednesday as speculation swirls on who will be its next leader, but the US central bank will likely point to a firming economy as it edges closer to a possible rate rise next mon
November 01, 2017
Global Markets
Risk of a more hawkish Fed
SINGAPORE (Oct 17): Speculation is rising about an imminent nomination to replace Janet Yellen as chair of the Federal Reserve. None of the main candidates would push the Fed in a more dovish direction. Continuity is most likely, but there is the risk of
October 17, 2017
Global Markets
Fed to shrink assets next month, boost rates by year end
(Sept 21): The Federal Reserve moved to dismantle a pillar of crisis-era support for the world’s biggest economy and stuck with its forecast to raise interest rates again this year, saying hurricane damage won’t derail an otherwise healthy expansion.
September 21, 2017
Commodities
Gold is winning new fans
(Aug 31): After nosing above US$1,300 ($1,761.63), gold is winning new fans as tepid US inflation anchors Federal Reserve policy and President Donald Trump’s growth agenda risks running into the sand.
August 31, 2017
Fed says balance-sheet unwind to start ‘relatively soon’
(July 27): Federal Reserve officials said they would begin running off their US$4.5 trillion ($6.1 trillion) balance sheet “relatively soon” and left their benchmark policy rate unchanged as they assess progress toward their inflation goal.
July 27, 2017