ASEAN Speaks
ASEAN Speaks
Maybank
Fed stays pat but for how long?
3 minutes Posted May 6, 2024 at 9:16 am.
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The Fed left rates unchanged as widely expected, with chair Powell saying they need more confidence that the economy is on track and to meet the 2% inflation target. Suhaimi Ilias, Maybank Group Chief Economist, shares his takeaway from last week’s FOMC meeting.