A new rate-cut cycle
With inflation declining, the Fed initiated a new cycle of rate cuts, starting with a 0.5% reduction in September. They lowered rates by an additional 0.25% in November and another 0.25% in December. The current target rate is 4.25-4.50%.
The Fed anticipates two more rate
...We are already at the end of 2024, whew! Let’s rewind 2024 and see how various markets performed throughout this year. We hope this year has been an exceptional one for you
Inflation
Inflation continued its downtrend this year
The US CPI declined from 3.4% to 2.7%, while the US Core CPI declined from 3.9% to 3.3%. Although they haven’t reached the Fed’s target of 2%, they continue to move in the right direction.
Singapore’s CPI has also decreased from 3.7% to 1.4% this year, while the Core CPI declined from 3.3% to 2.1%.
Interest Rates
A new rate-cut cycle
With inflation declining, the Fed initiated a new cycle of rate cuts, starting with a 0.5% reduction in September. They lowered rates by an additional 0.25% in November and another 0.25% in December. The current target rate is 4.25-4.50%.
The Fed anticipates two more rate
...
A new rate-cut cycle
With inflation declining, the Fed initiated a new cycle of rate cuts, starting with a 0.5% reduction in September. They lowered rates by an additional 0.25% in November and another 0.25% in December. The current target rate is 4.25-4.50%.
The Fed anticipates two more rate
...
