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Federal Open Market Committee (FOMC) meeting

US Fed hikes 75 basis points second time, signals third is possible - THE EDGE SINGAPORE

US Economy

US Fed hikes 75 basis points second time, signals third is possible

Chair Jerome Powell said a similar move was possible again, rejecting speculation that the US economy is in recession.
Fed hikes rates half-point as Powell signals similar moves ahead - THE EDGE SINGAPORE

US Economy

Fed hikes rates half-point as Powell signals similar moves ahead

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

Global Economy

Briefs: Fed ramps up inflation fight in economy tough enough to cope

In other news, Hong Kong leader Carrie Lam appeared to acknowledge frustration with the city’s strict Covid-19 policies.

US Economy

What the Fed's rate hike means for inflation, saving accounts, crypto and stocks

The hike — the first since 2018 — was widely expected.

Broker's Calls

FOMC meeting expected to be hawkish, says Bank of Singapore

According to the Bank of Singapore's chief economist, the Fed’s stance is “likely to strengthen the USD and push US yields higher"

These stocks stand to celebrate a happy ending to 2016

SINGAPORE (Nov 29): As 2016 draws to a close, DBS Vickers Securities is shifting the spotlight on December as a crucial month for markets – particularly with key events such as the Organization of the Petroleum Exporting Countries (OPEC) meeting and Fed

Fed ‘should be able to sneak in one hike’ this year

SINGAPORE (July 28): As widely expected, the Federal Reserve has decided to keep the target range for federal funds rate at 0.25-0.5% following its latest Federal Open Market Committee (FOMC) meeting on July 26-27.
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