Door Wide Open for More Interest Rate Cuts
Vishnu Varathan, Head of Economics and Strategy, Oceania and Treasury Department, Mizuho Bank
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According to Vishnu Varathan of Mizuho Bank, the Fed is leaving the door open to more rate cuts following the 25 basis points cut yesterday. In oil, while the Ringgit is being supported by the recent Aramco-driven surge in oil prices, bigger geopolitical concerns would be a net negative.
Presented by: Julian Ng, Wong Shou Ning, Sharidz Abdullah
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