Singapore stock market poised for boost as Fed readies rate cut

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

The roller coaster ride of global markets, triggered by the US central bank's rate hikes beginning in March 2022, may soon come to an end

SINGAPORE: In a move that could shake up global markets, investors are advised to shift their focus towards real estate investment trusts and other promising sectors in the Singapore stock market, as the Federal Reserve is expected to cut interest rates for the first time in four years.With the Fed’s September 17-18 meeting on the horizon, analysts predict a rally in risk assets, particularly stocks, as the era of high Fed rates, currently at 5.25% to 5.5%, draws to a close.

Despite the latest US consumer price data indicating that inflation is near its lowest levels since late 2022, there is a prevailing belief that the Fed will not rush into aggressive rate cuts, mindful of the risk of a 1970s-style inflation resurgence. The market is considered undervalued and underappreciated, with many stocks trading below their net asset values.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 2. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Singapore stocks could rally after Fed rate cut, say analystsThe expected Fed move would especially boost rate-sensitive sectors like Reits, telcos and industrials.
Fuente: straits_times - 🏆 5. / 69 Leer más »

Singapore stocks fell on Friday—STI slipped by 0.1%Singapore stocks fell on Friday—STI slipped by 0.1% » SG Economy » Singapore News
Fuente: IndependentSG - 🏆 2. / 72 Leer más »