Market Watch

Markets headed for more volatility as inflation bites

Federal Reserve Chairman Jerome Powell's address at the US central bank's conference on June 17, 2022. PHOTO: AFP
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SINGAPORE - If you think the worst days for the markets are over, think again.

Federal Reserve chairman Jerome Powell's remarks on Friday, just after the United States central bank raised its key lending rate by 75 basis points, suggested more aggressive rate ramp-ups could be in the works.

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