Watch The Data For Fed Fund Rate Direction
Carlos Casanova, Senior Economist, UBP
05-Jun-24 07:00
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This week, U.S. economic data was slightly negative causing US treasuries yields to rise as investors took it as a sign that the Fed will raise rates.
Carlos Casanova, Senior Economist, UBP tells us if markets are right and what knock on effect it will have on Asian rates and currencies.
Image Credit: Shutterstock.com
Produced by: Moh Heng Ying
Presented by: Shazana Mokhtar, Wong Shou Ning, Philip See
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Categories: markets, economy, international, health policy
Tags: asia currencies, fed fund rate, manufacturing pmi,