Tag: rate cut

The US Federal Reserve has decided to cut interest rates by 0.25% in a meeting this week after the US created only 22,000 jobs in August, well below trend.

With the US election result likely to produce a nail-biting finish, a CT round-up of local analysis distils the mood – and the likely affect – for Asia Pacific operations.

As the US Fed is expected to cut rates by either 25 or 50 bps this week, Asia-based treasurers suggest keeping track of the long-term fundamentals of the rate cycle.

US Fed chair Powell has made clear that a rate cut is in view, as markets wait for upcoming job figures to assess the size of any cut.

Global FX market sees volatility as investors pull out of carry trades and stocks.

The dovish US Fed, rumoured BOJ intervention, a global IT glitch and the French election are bringing uncertainty to the dollar, euro and yen.