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FED WATCH

Investors worry Fed's rate cut might be a one-off

Wall Street's three indices and most Asian markets finish lower, but analysts say it's only a knee-jerk reaction

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THE US Federal Reserve has surprised few by delivering a 25 basis point cut - its first in 11 years - following its July meeting.

Singapore

THE US Federal Reserve has surprised few by delivering a 25 basis point cut - its first in 11 years - following its July meeting.

US investors were instead more bothered by the apparent hawkish tone in Federal Reserve chairman Jerome Powell's speech, in which he said that...

sentifi.com

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