Bulls And Bears

Cautious mood ahead of Fed's rate decision

Investors take wait-and-see stance as US central bank wraps up meeting

The market could not seem to decide how to move yesterday as the Federal Open Market Committee (FOMC) wraps up its meeting with a decision on an interest rate increase - or not.

Singapore's benchmark Straits Times Index rose in the morning but dipped nearer the end of the trading session to finish 2.18 points, or 0.06 per cent, lower at 3,511.13.

Please or to continue reading the full article. Learn more about ST PREMIUM.

Enjoy unlimited access to ST's best work

  • Exclusive stories and features on multiple devices
  • In-depth analyses and opinion pieces
  • ePaper and award-winning multimedia content
A version of this article appeared in the print edition of The Straits Times on March 22, 2018, with the headline 'Cautious mood ahead of Fed's rate decision'. Print Edition | Subscribe