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Market View: No ambiguity on the Fed's position ahead, but how sticky do we expect prices to be?
US Federal Reserve Chairman Jerome Powell has made it clear to market participants that the central banks would raise interest rates in a way that will cause “some pain” to the US economy, sending markets to a nosedive in recent days. There is no ambiguity on the Fed’s position ahead, but how sticky do we expect prices to be, and when will the Fed be able to adjust its course? On Market View today, Prime Time's finance presenter Chua Tian Tian posed these burning questions to Vasu Menon, Executive Director, Investment Strategy at OCBC Bank.See omnystudio.com/listener for privacy information.
The skinny
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