Federal Reserve (Fed)

Expect muted issuing activity, slow uptake of MAS’s SGD Credit Rating Grant: OCBC

SINGAPORE (July 10): A further pickup in Singapore’s fundamentals and market activity remains tied to the upcoming actions of the US Federal Reserve in 2H17 and the resultant flow-on effect of SGD rates, says OCBC Bank.

Global Economy

Fed keeps rates on hold as slowdown in growth seen temporary

WASHINGTON (May 4): Federal Reserve officials remained on track to gradually tighten monetary policy after leaving interest rates unchanged and signaling they were not alarmed by recent US economic weakness.
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