No Surprises, The Fed Hiked by 25bps

Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank

27-Jul-23 07:00

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As expected, the Fed raised rates by 25bps but the language used by Jerome Powell also suggested that any cuts are not in the horizon. We check in with Vishnu Varathan, Head of Economics & Strategy at Mizuho Bank for his impressions and also his view of the Chinese economy.

Produced by: Michael Gong

Presented by: Wong Shou Ning, Mark Tan, Shazana Mokhtar

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Categories: economy, markets

Tags: federal reserve, interest rates,

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