Market View: US Fed Chair Jerome Powell’s speech, China’s reopening theme and India’s Q3 GDP

Your Way Home with Hongbin Jeong · Dec 1, 2022 · 12m

We cast the spotlight on the world’s top economies, namely the US, China, and India today. In the US, investors sift through Federal Reserve boss Jerome Powell’s speech at a Brookings Institution event last night for hints on the magnitude of future rate hikes. Back in Asia, Chinese health officials had announced measures earlier this week to improve vaccination rates among the elderly - but to what extent does this speak about China’s plans to open up to the world once again? Meanwhile, India released its GDP figures for the third quarter yesterday, but to what extent is demand resilient in…