The FOMC maintained the target range for the fed funds rate at 5.25% - 5.50% at the conclusion of the June meeting, while continuing to stress that rate cuts will remain elusive until policymakers have gained sufficient confidence that inflation is on a path to return towards the 2% target, despite today's cooler-than-expected CPI.

Fed Chair Jerome Powell says it’s too soon to tell if Fed policy is ‘sufficiently restrictive’ and that the recent strong jobs data might be slightly “overstated,” indicating that benchmark revisions could be on the way.

Nadine Terman, CEO & CIO, Solstein Capital shares her insights on the latest Fed direction and where markets are headed.

Presented by: Audrey Siek

Producer: Yeo Kai Ting (ykaiting@sph.com.sg) 

Graphics credits: iStock

The FOMC maintained the target range for the fed funds rate at 5.25% - 5.50% at the conclusion of the June meeting, while continuing to stress that rate cuts will remain elusive until policymakers have gained sufficient confidence that inflation is on a path to return towards the 2% target, despite today's cooler-than-expected CPI.
Fed Chair Jerome Powell says it’s too soon to tell if Fed policy is ‘sufficiently restrictive’ and that the recent strong jobs data might be slightly “overstated,” indicating that benchmark revisions could be on the way.
Nadine Terman, CEO &amp; CIO, Solstein Capital shares her insights on the latest Fed direction and where markets are headed.
Presented by: Audrey Siek
Producer: Yeo Kai Ting (<a href="mailto:ykaiting@sph.com.sg">ykaiting@sph.com.sg</a>) 
Graphics credits: iStock

As you sip on your morning coffee, Money FM 89.3's Breakfast Show makes sense of the latest movers on Wall Street, with notable markets and finance experts to help you stay ahead.

As you sip on your morning coffee, Money FM 89.3's Breakfast Show makes sense of the latest movers on Wall Street, with notable markets and finance experts to help you stay ahead.

US Markets Wrap

As you sip on your morning coffee, MONEY FM 89.3's Breakfast Show makes sense of the latest movers on Wall Street, with notable markets and finance experts to help you stay ahead.

As you sip on your morning coffee, MONEY FM 89.3's Breakfast Show makes sense of the latest movers on Wall Street, with notable markets and finance experts to help you stay ahead.

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