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Telegram分享群组(www.tel8.vip):Fed aiming for soft landing

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Fed building n Washington - File pic

IN line with our and market expectations, the US Federal Reserve (Fed) raised its funds target range by 75 basis points (bps) by a unanimous vote, making it a cumulative 225 bps hike in 2022 in its effort to aggressively tame the stubborn inflation.

The target range for the federal funds rate is currently at 2.25%-2.50%. For perspective, US June inflation reached 9.1% year-on-year (y-o-y), faster than the 8.6% in May and the fastest pace since April 1980.

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    The Sunway University lecturer said this during his presentation entitled “Kestabilan atas Musyuwarah, bukan Dominasi: Peranjakan Paradigma Politik dalam Keluarga Malaysia” (Stability over Musyuwarah, not Domination: Political Paradigm Shift in Malaysian Family” in conjunction with the ‘Keluarga Malaysia Symposium: Achievements and Hopes’ in Putrajaya today.居家必备的神仙网站!

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