Market View: Federal Reserve’s Dot Plot and Terminal Rates of 5.1%, Sam-Bankman Fried’s saga on Confidence in the Crypto sector, Chinese ADR delisting threat eases after US gets access to audit data

Your Way Home with Hongbin Jeong · Dec 16, 2022 · 14m

We’ll wrap up the key developments for the week, looking at markets in the US, Europe and China. In the US, the Federal Reserve has raised interest rates by yet another 50 basis points as predicted by market watchers. But with Fed boss Jerome Powell maintaining the central bank’s resolve to fight red-hot prices, how would that affect market movements as we close off the year? In other news, FTX’s new CEO said Sam Bankman-Fried committed ‘old-fashioned embezzlement’. How would that affect investors’ confidence in the crypto sector? On Market View, Prime Time’s finance presenter Chua Tian Tian…