Singapore Stock Exchange - Equity Investments
Discussion forum on Singapore stocks and current affairs.
Friday, June 16, 2023
The US Fed had paused its rate hike for June 2023.
Although the US Fed had paused its rate hike for June 2023, the Fed had projected 2 more rate hikes till the end of 2023.
The Fed dot plot in June indicated the rates would reach 5.6% in 2023.
The summary of economic projections is predicting a higher core PCE inflation (3.9 vs 3.6) by the end of 2023 to justify its 2 more rate hikes.
No comments:
Post a Comment
‹
›
Home
View web version
No comments:
Post a Comment