Before US Rates Can Ascend, High Hurdles Must be Passed
Carlos Casanova, Economist for Asia-Pacific, Coface
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According to Carlos Casanova, Economist for Asia Pacific at Coface, inflation must pass 2% annually and unemployment must descend to 5% before interest rates may rise - hurdles which appear lofty, given the pressures imposed by the pandemic.
Produced by: Mike Gong
Presented by: Wong Shou Ning, Khoo Hsu Chuang
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Categories: Politics, Law and Legal Matters, Business Analysis, Trends and Forecasts, Markets, Investments
Tags: Federal Reserve, US economy, Thailand, baht, Covid-19, oil, Brent crude,