“The time has come for policy to adjust. The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks.” — Jerome H. Powell, 2024 Speech at “Reassessing the Effectiveness and Transmission of Monetary Policy The US Federal Reserve Chairman’s […]

source: https://thefinance.sg/2024/09/11/imminent-interest-rate-cut-is-it-time-to-sell-singapore-banks/