What Fed rate cuts mean for gold, the dollar and local stocks

Claressa Monteiro
Published Fri, Sep 19, 2025 · 05:46 PM
    • As expected, the US Federal Reserve cut interest rates by 25 basis points this week. But the outlook ahead is cloudy.
    • As expected, the US Federal Reserve cut interest rates by 25 basis points this week. But the outlook ahead is cloudy. PHOTO: ADOBE STOCK

    The US Federal Reserve has cut rates. Gold has surged past US$3,700. The US dollar has fallen to its weakest point this year. Chinese tech stocks have soared to levels not seen since the pandemic. The question now is what comes next for global markets and for investors in Singapore.

    This week’s episode of Market Focus Weekly from The Business Times unpacks the signals that matter most. Emily Liu speaks with Yujun Lin, CEO of Interactive Brokers Singapore, about what the Fed’s move reveals about the economy, how investors are repositioning, and where opportunities could emerge.

    Why listen

    • Decode the Fed’s message. Understand what the 25 basis point cut signals for growth, inflation, and the rate outlook.
    • Follow the gold and dollar trends. Learn why gold is hot again, what a weaker greenback means, and whether the moves will last.
    • Track the tech rally. See why Chinese tech stocks are climbing and whether the momentum has staying power.
    • Gauge Singapore’s market impact. Explore what lower rates could mean for local banks, Reits, and dividend stocks.

    Listen now as Lin explains how the Fed’s move will ripple through gold prices, Chinese tech, and Singapore’s own banks and Reits.

    Subscribe and listen to more episodes of Market Focus Weekly from The Business Times. Feedback and questions can be sent to btpodcasts@sph.com.sg.

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    Written and hosted by: Emily Liu (emilyliu@sph.com.sg)

    With Yujun Lin, CEO, Interactive Brokers Singapore

    Edited by: Chai Pei Chieh & Claressa Monteiro

    Produced by: Emily & Chai Pei Chieh

    A podcast by BT Podcasts, The Business Times, SPH Media

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