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US Federal Reserve (US Fed)
US Economy
Fed's message that rates will stay on hold for 'some time' clashes with 2023 rate-cut bets
The central bank looks set on Wednesday to increase its benchmark rate by 50 bps in a downshift after four straight 75 bps moves.
December 12, 2022
US Economy
Most Fed officials seek to slow pace of interest-rate hikes soon
In another revelation, Fed staff told officials that their assessment of the risks of a recession had grown to almost 50-50.
November 24, 2022
Global Economy
Briefs: Smaller rate hikes expected ahead, says Fed chair Powell
In other news, MAS's Ravi Menon says Singapore can absorb record inflows of new money; DBS to tap into new digital asset platform.
November 03, 2022
US Economy
Powell signals smaller rate hikes ahead on path to higher peak
The move lifts the Fed’s benchmark to a 3.75%-4% range, from nearly zero in March.
November 03, 2022
US Economy
Tough-talking Powell wipes out US$59 bil from biggest fortunes
The S&P 500 Index fell 2.5% on Wednesday, the biggest decline since Oct 7, after the Fed released its policy statement.
November 03, 2022
US Economy
Core US inflation rises to 40-year high, securing big Fed hike
The core consumer price index, which excludes food and energy, increased 6.6% from a year ago, the highest level since 1982.
October 13, 2022
Broker's Calls
Maybank lowers ST Engineering's TP, net profit forecasts amid rising interest rates
ST Engineering's TP is lowered to $4.20 from $4.50 previously as Maybank ups ST Engineering’s risk-free rate and cost of debt.
October 13, 2022
Broker's Calls
RHB prefers DBS, OCBC as banks suspend fixed-rate home loans
The brokerage remains 'overweight' on the Singapore banking sector.
September 29, 2022
Bonds and treasuries
The great bond bubble is 'poof, gone' in worst year since 1949
The latest leg downward was fueled by the Fed meeting Wednesday, when the central bank raised its policy-rate range to 3% to 3.25%
September 25, 2022
Oil & Gas
Oil set for fourth weekly loss with rate hikes darkening outlook
West Texas Intermediate futures edged higher toward US$84 ($119.17) a barrel, but are still down more than 1% for the week.
September 23, 2022