Encik Powell say he understand your tong kor...everybody tormented by High Inflation...Rate cut is still likely, kym?

[k1976]

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Fed Signals Three Rate Cuts Are Still Likely, Despite Inflation Uptick​

• Powell says Fed likely to slow asset runoff ‘fairly soon’
• Officials lift forecasts for growth, core inflation in 2024

Fed Chair Powell: Inflation Has Eased, But It's Still Too High


Fed Chair Powell: Inflation Has Eased, But It's Still Too High

By Steve Matthews
March 21, 2024 at 2:00 AM GMT+8
Updated on
March 21, 2024 at 3:27 AM GMT+8

Federal Reserve officials maintained their outlook for three interest-rate cuts this year and moved toward slowing the pace of reducing their bond holdings, suggesting they aren’t alarmed by a recent uptick in inflation.

Officials decided unanimously to leave the benchmark federal funds rate in a range of 5.25% to 5.5%, the highest since 2001, for a fifth straight meeting. Policymakers signaled they remain on track to cut rates this year for the first time since March 2020, but they now see just three reductions in 2025, down from four forecast in December, based on the median projection.

 

[k1976]

https://www.google.com/amp/s/www.fo...ce-surging-higher-in-thin-trade-20240320/amp/

Gold price surging higher in thin trade​

Eamonn Sheridan
20/03/2024 | 22:21 GMT-0
Gold was a beneficiary of the FOMC and Powell today, adding to its recent gains.

And those have extended.

This is a very thin liquidity time of day for pretty much everything, gold included. Which doesn't take away from this surge, not at all. The metal is benefitting from the prospect of lower rates ahead, as one key input to its price.

Weak Hands all shaken out liao
It is a Game for God Level Players

 

[ChenShuang]

That means war is going to end soon.

 

[k1976]

That means war is going to end soon.

U need to focus world attention to Huat Together mah....else how can RMB internationalized - main investment theme for last 10yrs...the world need to enter a multi-polar world with few Big Trade Blocs

 

[ftan42]

another of wolf coming again
first call was at the end Dec when encik hinted 3 rate cut for year 2024
called again second round of 3 rate cut
My forecast is that there will be unlimited calls for rate cuts going forward

 

[congo9]

U need to focus world attention to Huat Together mah....else how can RMB internationalized - main investment theme for last 10yrs...the world need to enter a multi-polar world with few Big Trade Blocs

RMB is a terror weapon.

 

[k1976]

RMB is a terror weapon.

RMB happy happy huat liao very long since 1980s. So need to come back to reality after massive expectations inflation

 

[Hypocrite-The]

I don't understand, after more than 100 years of economic development...why are such senseless ideology of the reserve bank n interest rates still being used to control inflation? Inflation is caused by demand vs supply....so instead of killing demand, ppl still need to eat etc, why don't increase supply? Bring down the cost of fuel, get more goods, why keep hammering the working class to cut demand?

 

[k1976]

I don't understand, after more than 100 years of economic development...why are such senseless ideology of the reserve bank n interest rates still being used to control inflation? Inflation is caused by demand vs supply....so instead of killing demand, ppl still need to eat etc, why don't increase supply? Bring down the cost of fuel, get more goods, why keep hammering the working class to cut demand?

Inflation is closely related to regulating consumption of Good / Sevice related to demand. But the demand can be higher inflated due to many modern financial vehicles and financial alchemy.

If not careful regulated, it can result in the WW1 and WW2 like scenario. Modern Tech advances eg supercomputers, Ai and global networks centers, has allow human to really understand the real global economic state at almost real time.

If we chase the supply of goods for purpose of satisfied demand...we must understand our world resources esp energy are finite, yet human greeds is infinite. We may end up we up ourselves onto big lorry eg Easter Island Scenario

 

[k1976]

I don't understand, after more than 100 years of economic development...why are such senseless ideology of the reserve bank n interest rates still being used to control inflation? Inflation is caused by demand vs supply....so instead of killing demand, ppl still need to eat etc, why don't increase supply? Bring down the cost of fuel, get more goods, why keep hammering the working class to cut demand?

Because working class is most easily control and regulated as they are made up 70%-85% population, yet they only have 20% of global wealth.

Yet, the key part that is seldom or not mentioned is, the 20% elites like Boss John , who control 80% of global wealth...these elites classes are jin savvy and have resources and capital to spin their wealth growth at God speed. But realistically, world resources eg Saudi Oil will not grow more, when global wealth Increases.


Wealth is machiam like Credit Card Points, think world resources like a finite amount of gift vouchers that u can exchange for. Central bankers will be like Credit Card Bank, they will adjust credit points requirement to ensure their finite gift cards are sufficient to satisfy "Most" customer requirements with few pulleys eg Inflation and Rate

 

[nabeifuckpap]

Impeach Biden and Kamala put Trump back in the White House everything will be back to normal, best solution all AMDK use 2nd amendment terminate Democrats

 

[k1976]

Impeach Biden and Kamala put Trump back in the White House everything will be back to normal, best solution all AMDK use 2nd amendment terminate Democrats

These VIPs are temp figurehead, their max employment venture is only 8yrs

 

[Hypocrite-The]

Because working class is most easily control and regulated as they are made up 70%-85% population, yet they only have 20% of global wealth.

Yet, the key part that is seldom or not mentioned is, the 20% elites like Boss John , who control 80% of global wealth...these elites classes are jin savvy and have resources and capital to spin their wealth growth at God speed. But realistically, world resources eg Saudi Oil will not grow more, when global wealth Increases.


Wealth is machiam like Credit Card Points, think world resources like a finite amount of gift vouchers that u can exchange for. Central bankers will be like Credit Card Bank, they will adjust credit points requirement to ensure their finite gift cards are sufficient to satisfy "Most" customer requirements with few pulleys eg Inflation and Rate

That is why things need to change. Trump has proven that proper policies can improve the lives of ordinary ppl. Screw the globalists elites

 

[k1976]

That is why things need to change. Trump has proven that proper policies can improve the lives of ordinary ppl. Screw the globalists elites

Trump is to reset all trade deals. This will be spearheaded by his Chiobu Dotter again....she definitely can melts a thousand hearts and gain upper hands in new trade deals de woh

 

[Hypocrite-The]

Trump is to reset all trade deals. This will be spearheaded by his Chiobu Dotter again....she definitely can melts a thousand hearts and gain upper hands in new trade deals de woh

As long as the ppl benefits...it's a tat matters

 

[k1976]

As long as the ppl benefits...it's a tat matters

Yeah, then this world will have less Ah Siao running around

 

[k1976]

SINGAPORE - In the past, a luxury penthouse for sale in Singapore would be one of the hottest properties in town. Not anymore, after a condominium with an asking price of $15.5 million failed to attract any bidders this week.

The five-bedroom suite at the St Regis Residences, with a private pool and a 180-degree panoramic view, received no offers during its third auction by realtor Knight Frank on March 21. That’s even after the price was lowered by 14 per cent from earlier in 2024, to $15.5 million.

The property, owned by the son of Indonesian billionaire Tahir – who goes by one name – is one of many luxury homes struggling to sell in a Singapore market hit by a 60 per cent stamp duty on foreign buyers, along with a crackdown on money laundering. The moves have slowed purchases by the super rich to a trickle.

https://www.straitstimes.com/busine...ore-penthouse-sale-flops-after-three-auctions

 

[k1976]

https://sbr.com.sg/insurance/news/why-singapore-leads-in-regional-business-stability

Why Singapore leads in regional business stability​

FM Global attributed the high rank to its commitment to infrastructure development and resilience-building measures.

Singapore maintains its position among the world's most resilient business environments, placing 3rd globally. Singapore's leadership in business resilience also extends regionally, serving as a model for investment and development in neighbouring economies, according to commercial property insurer FM Global.

As regional economies expand, multi-market businesses play a crucial role in bridging the resilience gap between countries, safeguarding against supply chain disruptions and property losses.

The 2024 FM Global Resilience Index attributed to its high GDP per capita (3rd globally), political stability (1st globally), low corruption (4th globally), and other factors such as urbanisation rate (1st globally), logistics (1st globally), and cyber risk (7th globally).

 

[k1976]

Ports of Southampton and Singapore explore green partnership​

Photo: ABP

Associated British Ports (ABP) in Southampton and the Maritime and Port Authority of Singapore (MPA) are to explore collaboration on green and digital shipping.
Michele Labrut | Mar 22, 2024

The two ports discussed various areas of potential cooperation regarding sustainable maritime transport during the UK-Singapore Green Economy Framework (UKSGEF).
The meeting was seen as paving the way for further discussions on green and digital shipping cooperation between Singapore and Southampton.

https://www.seatrade-maritime.com/ports/ports-southampton-and-singapore-explore-green-partnership

 

[k1976]

July Rate cut cuming?