BOJ Stays on Rate Hike Course Despite Trump Tariff Uncertainty

The Bank of Japan (BOJ) remains committed to its current path of gradual interest rate hikes, even as uncertainty looms from the Trump administration's tariffs, according to remarks made by Governor Kazuo Ueda following the bank's policy meeting last week. While Ueda acknowledged the potential global

Markets Weekly: Is China Turning Things Around?

While the US S&P 500 struggles, weighed down by trade war fears and a darkening economic outlook, Chinese stocks are surging. Is the market witnessing a "Great Rotation" of capital, as investors shift their focus from the long-dominant US market to a resurgent China? There'
Markets Weekly: Is China Turning Things Around?

Fed "Flying Blind" on Growth and Inflation, Says Former NY Fed President

The Federal Reserve is "flying blind" when it comes to the trajectory of both economic growth and inflation, according to former New York Fed President William Dudley. The situation creates a heightened risk of policy missteps even as Chair Jerome Powell projects an air of cautious optimism. This
Fed "Flying Blind" on Growth and Inflation, Says Former NY Fed President

Fed's Dot Plot in Focus as Rate Cut Uncertainty Persists

The Federal Reserve's two-day policy meeting, concluding Wednesday, will see the forward-looking dot plot take center stage as the central bank navigates a complex landscape of potential economic slowdown and persistent inflation. The meeting comes as the Fed faces tough decisions amid a broadening trade war and the

Fed Holds Steady on Rates Amidst Trump's Economic Uncertainty

The Federal Reserve held steady on interest rates this week, maintaining its key federal funds rate at approximately 4.5%. However, the central bank expressed growing concern over the economic outlook, citing President Donald Trump's tariff agenda as a source of uncertainty. In a statement released Wednesday, the

Tariffs Cloud the Outlook, Fed in 'Wait-and-See' Mode, Says Former Fed President Lockhart

Uncertainty surrounding President Donald Trump's volatile trade policies has thrown a wrench into the Federal Reserve's plans, forcing the central bank into a "wait-and-see" mode, according to former Atlanta Fed President Dennis Lockhart. With the economic outlook clouded by the threat of escalating tariffs,
Tariffs Cloud the Outlook, Fed in 'Wait-and-See' Mode, Says Former Fed President Lockhart

Economists Maintain 2.6% Growth Forecast for Singapore in 2025: MAS Survey

Economists surveyed by the Monetary Authority of Singapore (MAS) have maintained their 2.6% growth forecast for 2025, according to the central bank's latest survey. This forecast aligns closely with the government's projected range of 1.0% to 3.0% growth for the year, as reported

Fitch Slash World Growth Forecast Amid US Tariff Chaos

Fitch Ratings has joined a growing chorus of economists in downgrading its global economic outlook, citing the escalating US trade war as a major drag on growth and a key factor in delaying Federal Reserve rate cuts, The Wall Street Journal reports. In its latest economic outlook update, Fitch warns

BOJ Holds Steady on Rates as Tariff Uncertainty Clouds Outlook

The Bank of Japan (BOJ) held its key interest rate steady at 0.5% on Wednesday, choosing to carefully assess the impact of potential US tariff hikes on Japan's export-dependent economy. The decision, while widely expected, comes as global slowdown fears, fueled by US President Donald Trump'

US Retail Sales Tick Up as Economic Uncertainty Grows

US retail sales edged up in February, signaling a cautious consumer and growing economic uncertainty, Reuters reports. While the modest increase suggests continued economic growth, the slowdown in discretionary spending highlights mounting concerns. The Commerce Department's report, released Monday, indicates a moderate pace of economic expansion in the