The Afternoon Update with Lynlee Foo (1pm – 4pm)The Afternoon Update with Lynlee Foo (1pm – 4pm)

Money in the Market: Are we finally done with interest rate hikes?

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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.

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The Afternoon Update with Lynlee Foo (1pm – 4pm)

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