F0105: Reserved by the Fed - Jerome Powell announces 75 basis point hike, US in technical recession, Why is the Singapore Dollar so strong?
The Futurizts Podcast by Shinji Ong
Episode notes
- How do interest rates affect the economy?
- The Federal Reserve raised interest rates by 0.75% - why did the markets rally?
- What are the key takeaways during the FOMC meeting?
- Why is the Singapore Dollar so strong against the Malaysian Ringgit?
- With the US recording two consecutive quarters of negative GDP, does that mean we’re in a recession?
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Additional Sources and reading materials:
i) The Fed raises rates by 0.75%: