Market Watch

Fed rate decision will be highlight of action-packed week for markets

Taking centre stage is the Federal Reserve’s latest policy meeting of 2023. PHOTO: REUTERS
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SINGAPORE - This will be an action-packed week for the stock market, with the latest US jobs report, as well as a slew of corporate results in Singapore and earnings from tech giants on Wall Street, including Apple, Amazon, Google parent Alphabet, and Facebook’s Meta Platforms.

Taking centre stage is the Federal Reserve’s latest policy meeting of 2023, with the US central bank widely expected to again shrink its rate hike amid slowing inflation, while the European Central Bank and the Bank of England are expected to raise rates by a half point this week.

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