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Home / Capital / Global Economy

US Fed to keep rates steady, UOB sees 2020 cut, No Signboard shares slump on CAD probe

Global Economy

US Fed to keep rates steady, UOB sees 2020 cut, No Signboard shares slump on CAD probe

Kok Xinghui Published on Mon, May 06, 2019 / 7:30 AM GMT+8

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(May 6): The US central bank is keeping rates steady, with Federal Reserve chairman Jerome Powell saying he sees no immediate need to move interest rates either higher or lower, and that the Fed is watching for a rebound in persistently sluggish inflation.

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