Analysts expect central banks to hold or cut policy rates

Singapore

IT SEEMS that nobody is expecting the United States Federal Reserve and other key central banks to tighten their monetary policies in 2020. In fact, most pundits are seeing these central banks to either hold or cut their policy rates.

A survey by The Business Times of more than 10 research houses, investment banks and asset managers shows that the majority think that the Fed will hold its funds rate at the current range of 1.5 per cent to 1.75 per cent. But, some see that there might be an insurance cut - if necessary.