For subscribers
Market Watch
Signs of US economic slowdown cheer markets
Sign up now: Get ST's newsletters delivered to your inbox
US Federal Reserve chairman Jerome Powell is set to give his semi-annual monetary policy report to the Senate Banking Committee and the House Financial Services Committee.
PHOTO: REUTERS
Follow topic:
SINGAPORE – Global stock markets as measured by the MSCI World Index have risen to hit new heights despite sticky inflation and fears of US Federal Reserve inaction over interest rates.
Ironical as it may seem to the casual observer, the markets have been cheering weakening US economic numbers.
