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M&A activity in the Asia-Pacific region is expected to bounce back by around 10 per cent in the second half of this year after a lacklustre 2023, with India and Japan likely to emerge as winners, EY’s Yew-Poh Mak tells the Post.
Everything we've heard from Fed officials so far suggests the median would still be three rate cuts and the June cut is still on the table
The US central bank's favored measure of inflation edged lower on an annual basis in January, government data showed Thursday, but a metric stripping out volatile food and energy prices jumped month-over-month.
KUALA LUMPUR: The ringgit is expected to hit 4.20-4.40 against the US dollar by year-end in view of the United States (US) Federal Reserve’s (Fed) likely interest rate cut decision in anticipation of an economic recession in the US this year, said Capital Dynamics Asset Management Sdn Bhd managing director Tan Teng Boo.
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In October of last year, the 10-year Treasury yield in the U.S. experienced a significant surge, reaching as high as 5 percent. This surge was attributed to uncertainties surrounding monetary policy and apprehensions regarding increased treasury issuances aimed at funding the government deficit. The Fed left its policy rate unchanged at 5.25-5.50 percent in September, but penciled in another rate hike in its dot-plots to address the upside risk of inflation. The U.S. Department of the Treasury announced that it would issue as much as $1.1 trillion in bonds in the third quarter last year, whic...