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US Federal Reserve (US Fed)
Global Economy
Briefs: Singapore seeks financial firms' documents in laundering case, SGX RegCo issues 'trade with caution' on DRT
Quoteworthy: "We want good luck and good things to happen." –— Presidential candidate Tharman Shanmugaratnam.
August 25, 2023
Global Economy
Briefs: US Fed raises interest rates; manufacturing output down while headline and core inflation figures ease in June
Quoteworthy: "And soon we shall bid adieu to the twitter brand and, gradually, all the birds." - Elon Musk
July 28, 2023
Fed raises interest rates to 22-year high, leaves door open for more
The quarter percentage-point hike lifted the target range for the Fed’s benchmark federal funds rate to 5.25% to 5.5%.
July 27, 2023
Global Economy
Briefs: S Iswaran assisting in CPIB probe; Malaysia attempts revival of KL-Singapore high-speed rail project
"Twitter has had the opportunity to do this but hasn’t nailed it… Hopefully we will." - Mark Zuckerberg.
July 13, 2023
Global Economy
Briefs: Investors see more Fed rate hikes and no cuts till 2024; oil demand growth to slow dramatically as peak nears
In other news: China faces millionaire exodus as economy slows
June 18, 2023
US Fed pauses rate hikes but signals more tightening to come
Wednesday’s hold is the first pit stop in the central bank’s most aggressive tightening campaign in decades.
June 15, 2023
US inflation slows in May, giving room for Fed to pause rate hikes
At 4%, year-over-year inflation is now at its lowest level since March 2021.
June 14, 2023
US Economy
Fed will keep rates high thanks to inflation fueled by corporate greed, investors say
One of the worst bouts of inflation in decades has spurred a search for explanations.
June 12, 2023
US Economy
Fed should consider a half-point July rate hike if June is a skip: former Treasury Secretary Lawrence Summers
“We are again in a situation where the risks of overheating the economy are the primary risks that the Fed needs to be mindful of"
June 03, 2023
Global Economy
Briefs: Global trade slows in blow to Maersk, Credit Suisse AT1 holders in Asia add to claims over wipeout
Quoteworthy: "There is a sense that we’re much closer to the end of this than to the beginning" - Jerome Powell
May 06, 2023