FEDERAL Reserve Chair Jerome Powell said on Monday that recent data boosts the central bank’s confidence that inflation is coming down towards its two per cent target – a trend that signals interest rate cuts on the horizon.
- Advertisement -
Most Popular
Higher-for-longer US rates could boost Singapore banks’ earnings beyond 2026: analysts
A hawkish Fed could be good news for DBS, OCBC and UOB, even as benefits may not be equal across the sector
