US Federal Reserve

NEWS ANALYSIS

Powell defends independence of Federal Reserve

It will maintain trust in central banks that monetary policy will not be abused for short-term gains that might win elections

The price of silver is playing catch-up with gold, which has been on its own spectacular tear, taking its price to as high as US$5,300 an ounce.

The precious metal feeding frenzy

Gold and silver are on a tear but buyer beware

Markets are eyeing two quarter-point rate cuts this year, with the first not fully priced in until July, says Jean Boivin, head of the BlackRock Investment Institute.

Singapore, Asia markets end largely higher after Fed pause and MAS hold as focus shifts to earnings

Investor attention is shifting towards fundamentals and AI-linked growth themes in the region

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy, Washington, Jan 28, 2026.

US Fed holds rates steady, sees ‘elevated’ inflation and stabilising job market

Policymakers voted 10-2 to hold the US central bank’s benchmark interest rate

A stronger Singdollar is beneficial in terms of imported costs, but it may also influence export competitiveness and the attractiveness of Singapore as a tourist destination, says OCBC chief economist Selena Ling.
BT EXPLAINS

Why Japan’s yen shock is rippling across Asian currencies – and what it means for Singapore

The US dollar has slid on intervention fears, while the yen has strengthened considerably

Fed chair Jerome Powell has earned a reputation as an unlikely champion of the old order's resistance to President Donald Trump's expansion of his presidential powers.
NEWS ANALYSIS

Fed’s first meeting of 2026 likely to be dominated by threats to central bank’s independence

The benchmark rate is likely to stay put at between 3.5 and 3.75%

Several officials, some close to Fed Chair Jerome Powell, have been signalling that rates are now in the right place to shore up employment and still keep downward pressure on inflation.

Fed to hold rates as political storm intensifies around Powell

The decision is likely to amplify the outrage of US President Donald Trump, who wants them slashed

The core personal consumption expenditures price index, which excludes food and energy costs, is expected to average 2.7 per cent in 2026.

Fed not seen cutting rates again until June in latest survey

This is due to inflationary pressures lingering and signs of stabilisation in the labour market

“We’re down to three, but we’re down to two. And I probably can tell you we’re down to maybe one in my mind,” President Trump told CNBC in Davos, Switzerland.

Trump says he may be down to one candidate to head the Fed

[DAVOS, Switzerland] US President Donald Trump on Wednesday indicated he was close to choosing the new chair of the Federal Reserve, adding he liked the idea of keeping White House economic adviser Ke...