New IIF risk index sends warning signal
Investors cautioned about growing uncertainty in financial markets ahead of Fed rate hike
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
RISK is building up in financial markets ahead of an expected interest rate hike by the US Federal Reserve next year and investors need to be "more cautious as market uncertainty rises in anticipation" of this, the Washington-based Institute of International Finance (IIF) warned on Thursday.
The IIF, which represents the biggest global banks and other financial institutions, issued its unusually upfront warning in launching a new, broad index it has developed to measure stress in financial markets.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025