Clara Cheong, J.P. Morgan Asset Management
Clara Cheong, J.P. Morgan Asset Management
16 June 2022
Market View: To what extent the US Federal Open Market Committee’s decision on raising interest rates can affect loan rates and borrowing costs?
The US Federal Open Market Committee decided to raise interest rates by 75 basis point, which is equivalent to a 50-75 basis point spike in July. Such a decision will surely put a lot of pressure on worldwide central banks.In Market View, Prime Time’s Finance Presenter Tian Tian spoke with Clara Cheong, Singapore-based Global Market Strategist, J.P. Morgan Asset Management to find out more.
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