World stock markets are closely following the US for clues due to the aggressive rise in interest rates by the Federal Reserve from June onwards. Furthermore, the consumer price index data set released this coming Friday is expected to tell whether the inflation has reached its peak and may give further insights on the increasing rates in the near future.
In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Jeff Ng, Senior Currency Analyst, MUFG to find out more.