Fed Fund Terminal Rate Heads North

Ooi Boon Peng, Vice Chairman, Eastspring Investments Singapore

02-Mar-23 09:15

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Still hot US inflation data and the buoyant jobs numbers in February has pushed the Fed Fund Terminal Rate expectations to 5.6% from 4.9% a month ago. What then will the impact be on global growth and does this change the narrative in terms of asset allocation? Ooi Boon Peng, Vice Chairman of Eastspring Investments Singapore gives us his views.

Image credit: Shutterstock

Produced by: Wong Shou Ning, Chong Tjen San

Presented by: Wong Shou Ning, Chong Tjen San, Shazana Mokhtar

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Categories: markets, economy

Tags: fed terminal rates, us federal reserve, bond market,

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