Federal Reserve chairman Jerome Powell's testimony to the United States Congress fuelled a rally across Asia-Pacific bourses on July 11, lifting the Singapore bluechip barometer in the process.
Mr Powell told lawmakers that the central bank would not wait until inflation had hit the bank's 2 per cent target before lowering interest rates remarks that unleashed optimism among investors for rate cuts soon.
Denne historien er fra July 12, 2024-utgaven av The Straits Times.
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Denne historien er fra July 12, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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