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What Were The Key Takeaways From The FOMC meeting?
14 mins·07:00, 23 Feb 2023
What Were The Key Takeaways From The FOMC meeting?
14 mins
·
07:00, 23 Feb 2023
·
Recommended
Guest: Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank
Federal Reserve officials at their most recent meeting indicated that there are signs that inflation is coming down, but not enough to counter the need for more interest rate increases. However, on the more positive side most members of the Fed favour rate hike increases of 25bps going forward but the terminal rate could be pushed to 5.25-5.5%. What will this mean for markets in the immediate term? For some insights, we speak to Vishnu Varathan, Head of Economics & Strategy, at Mizuho Bank.
Image credit: Shutterstock
Presenter: Wong Shou Ning, Chong Tjen San, Shazana Mokhtar
Producer: Michael Gong
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