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As widely expected, the US Federal Reserve held interest rates steady, but once again left the door open to further increase in borrowing costs.
But this time, there was a dovish pivot from Fed Chair Jerome Powell.
He’s hinted that the central bank may now be finished with the most aggressive tightening cycle in four decades.
On Money in the Market, Hongbin Jeong speaks to Vishnu Varathan, Head of Economics & Strategy, Asia at Mizuho Bank, to find out more.
See omnystudio.com/listener for privacy information.
As widely expected, the US Federal Reserve held interest rates steady, but once again left the door open to further increase in borrowing costs.
But this time, there was a dovish pivot from Fed Chair Jerome Powell.
He’s hinted that the central bank may now be finished with the most aggressive tightening cycle in four decades.
On Money in the Market, Hongbin Jeong speaks to Vishnu Varathan, Head of Economics & Strategy, Asia at Mizuho Bank, to find out more.
See omnystudio.com/listener for privacy information.
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