Carian mengenai topik us-fed

The local currency's performance was primarily driven by the US Federal Reserves' 50 basis points policy rate cut.

Traders are reassessing their stand on the US Fed's next move given the high possibility that a soft-landing scenario would materialise.

The ringgit opened almost flat and is expected to retain its bullish trend as the US Fed rate cut last week signalled a soft landing for the US economic growth

Datuk Seri Abdul Rasheed said Malaysia's positive economic outlook and structural reforms are also propelling the ringgit's rise.

Dr. Mohd Afzanizam said Malaysia's open economy is highly sensitive to external factors like international trade and capital flows.

US Federal Reserve chair Jerome Powell said the central bank will not wait until inflation hits two per cent to cut interest rates.

The ringgit extended its gains to open firmer against the US dollar on Friday, driven by the growing prospect of an interest rate cut.

Investors focused on the US Federal Reserve's semi-annual testimony to assess the US economic growth and monetary policy paths.

A chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is expected to move in a narrow range today.

Its stronger performance driven by higher dividends and distributions from investee companies, fair value gains and capital preservation.

The US Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25-5.5 per cent, as yields on long-term US Treasury bonds have spiked in recent months, reported Xinhua.

The rebranding MITI with the addition of the word 'investment' into it is a good signal to the market that they are serious about growing the economy domestically.

The ringgit continued its positive momentum this morning to open slightly higher against the greenback on the expectation of a US Federal Reserve downshift to a 25 basis points interest rate hike.

Higher interest rates will stay in place until the US Federal Reserve is confident that surging inflation is on a path toward stability, according to a Fed meeting summary released this week.

The ringgit was traded mostly lower against a basket of major currencies this morning.

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.

The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.