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Hold Your Breath For A Fed Pivot?

Tim Mulholland, President, TJM Limited

18-Nov-22 07:00

Hold Your Breath For A Fed Pivot?

New jobless data came in below forecast with the labour market showing strength while retail sales were increasing at the fastest pace in 8 months. Does this mean that Fed Fund peak rate is still a long way off and will it peak at 5%? Separately, on cryptos - what does the collapse of FTX hold for listed Crypto exchanges like Binance and Coinbase and cryptocurrencies as a whole? For insights we speak to Tim Mulholland, President of TJM Limited.

Image credit: Shutterstock

Produced by: Michael Gong

Presented by: Shazana Mokhtar, Chong Tjen San, Philip See

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Categories:  marketseconomyinternational

Tags:  fed fundlabour marketretail salesftx exchangecryptocurrencies

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