Oil windfall — with a catch
JUST as markets were getting used to a US Federal Reserve (Fed) easing cycle, the narrative has been turned on its head.
The Fed embarked on an easing cycle in September 2024, cutting rates by 100 basis points (bps) that year and another 75 bps in 2025 to 3.5% to 3.75%.
……Read full article on The Star Online - Business
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