Fed Fund Terminal Rate Heads North
Ooi Boon Peng, Vice Chairman, Eastspring Investments Singapore
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Still hot US inflation data and the buoyant jobs numbers in February has pushed the Fed Fund Terminal Rate expectations to 5.6% from 4.9% a month ago. What then will the impact be on global growth and does this change the narrative in terms of asset allocation? Ooi Boon Peng, Vice Chairman of Eastspring Investments Singapore gives us his views.
Image credit: Shutterstock
Produced by: Wong Shou Ning, Chong Tjen San
Presented by: Wong Shou Ning, Chong Tjen San, Shazana Mokhtar
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Tags: fed terminal rates, us federal reserve, bond market,