The Federal Reserve hiked rates by 25 basis points -- and laid out plans for multiple rate hikes this year to combat rising inflation. But how complicated did rising energy costs and conflict in Ukraine make the Fed's decision this time around? And was the Fed too slow to react to inflationary pressures. JP Ong spoke to Taimur Baig, Chief Economist at DBS, on Prime Time about the Fed's recent decision, and what their plans to begin reducing its near 9 Trillion USD balance sheet means.

<p>The Federal Reserve hiked rates by 25 basis points -- and laid out plans for multiple rate hikes this year to combat rising inflation. But how complicated did rising energy costs and conflict in Ukraine make the Fed's decision this time around? And was the Fed too slow to react to inflationary pressures. JP Ong spoke to Taimur Baig, Chief Economist at DBS, on Prime Time about the Fed's recent decision, and what their plans to begin reducing its near 9 Trillion USD balance sheet means.</p>

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

<p>Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.</p>

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