Dollar Weakening Incoming?
Sammeer Sharma, Managing Director and Head of Wealth Management, Standard Chartered Malaysia
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In efforts to combat the covid crisis, the US embarked on unprecedented monetary and fiscal stimulus to support the economy and markets.
With the impending rising debt levels, analysts expected 2021 to be a year of US dollar weakness, but does the recent announcement by the FOMC that 2 rate hikes are expected by end 2023 change that narrative? This report is in collaboration with Standard Chartered Malaysia.
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Produced by: Wong Shou Ning, Arleen Webber
Presented by: Lyn Mak, Noelle Lim, Roshan Kanesan
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Categories: Business Analysis, Trends and Forecasts, Markets, Politics, Social Issues, law & legal matters, Investments, Personal Finance, Financial Literacy, Young Finance
Tags: USD, MYR, RM, Standard Chartered Malaysia, monetary, stimulus, FX trading, foreign,