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Donald Trump is not letting up pressure on the US Federal Reserve. He's taken efforts to fire one of its governors, all the way up to the US Supreme Court. Trump's clash with the Fed echoes pressure that Richard Nixon put on the central bank in the 1970s to lower interest rates. In this episode, Cristina Bodea, professor of political science at Michigan State University, why that moment – and the inflation spike that followed – became a cautionary tale about what can happen if politicians threaten the independence of central banks. This episode was written and produced by Katie Flood and Gemma Ware with assistance from Mend Mariwany. Sound design and mixing by Eloise Stevens and theme music by Neeta Sarl. Read the full credits for this episode and sign up here for a free daily newsletter from The Conversation.If you like the show, please consider donating to The Conversation, an independent, not-for-profit news organisation.
Stephen Grootes speaks to Izak Odendaal, Investment Strategist at Old Mutual, about the uncertainty hanging over interest rates, as drama at the US Federal Reserve turns unusually political and unpredictable - with President Trump’s attempted firing of Governor Lisa Cook, a court ruling keeping her in place, and rushed Senate confirmations leaving markets guessing about the Fed’s next move. In other interviews, Mike Adsetts, Global Chief Investment Officer at Momentum Investments, discusses about the lessons South Africa can draw from global experience as the Two-Pot retirement system marks its first year. From Australia’s disciplined superannuation model to Chile’s cautionary tale of privatisation, Adsetts highlights the importance of sound investment strategy, careful withdrawals, and professional advice to balance short-term access with long-term retirement security. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702702 on TikTok: https://www.tiktok.com/@talkradio702702 on Instagram: https://www.instagram.com/talkradio702/702 on X: https://x.com/CapeTalk702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalkCapeTalk on TikTok: https://www.tiktok.com/@capetalkCapeTalk on Instagram: https://www.instagram.com/CapeTalk on X: https://x.com/Radio702CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567See omnystudio.com/listener for privacy information.
Is the market in a bubble? With US exchanges seeing record highs, AI hype still soaring, and a recent US Federal Reserve rate cut, it’s a question some investors are asking. In this episode, we get Scott Phillips’ views on identifying an expensive share price vs a worthy buy—based on his experience as The Motley Fool’s Chief Investment Officer, Advisor, and Portfolio Manager. Scott explains why a record high isn't always a red flag, and his strategy for distinguishing between a bubble and justifiable optimism. We discuss the current state of the market against first hand lessons from the dot-com bubble and the COVID crash. Scott shares the perils of trying to catch the bottom—and how even the best business in the world may be overpriced. Plus, Scott’s take on assessing investments, weighing up reasonable probabilities against downside and upside risks. For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.
China will maintain an independent and accommodative monetary policy amid the unfolding global rate cut cycle, with future adjustments to be determined by domestic priorities and incoming data, officials and analysts said on Monday.官方及分析人士于周一表示,在当前全球降息周期逐步展开的背景下,中国将继续实施独立且稳健宽松的货币政策,未来政策调整将依据国内发展重点与实际经济数据来确定。Pan Gongsheng, governor of the People's Bank of China, the country's central bank, said on Monday that China's monetary policy will remain independent and data-driven, following the US Federal Reserve cutting the federal funds rate by 25 basis points last week.中国人民银行行长潘功胜在周一指出,继上周美国联邦储备委员会宣布将联邦基金利率下调25个基点后,中国货币政策仍将坚持独立性与数据驱动原则。"China's monetary policy adheres to the principle of staying oriented to domestic needs while balancing internal and external factors," Pan said at a news conference, adding that future decisions will be based on macroeconomic conditions and evolving circumstances.潘功胜在新闻发布会上强调:“中国货币政策始终坚持以国内需求为主导,同时统筹兼顾内外部均衡。”他进一步表示,未来货币政策决策将立足宏观经济形势与实际情况变化来制定。Citing international central banking practice, Pan said the PBOC will follow a data-based approach to policy adjustment, and make comprehensive use of multiple tools to ensure ample liquidity and guide financing costs lower.提及国际央行通行做法时,潘功胜表示,中国人民银行会遵循数据导向的政策调整思路,综合运用多种货币政策工具,确保市场流动性合理充裕,并引导融资成本持续下行。Such efforts are aimed at bolstering consumption, expanding investment and consolidating economic recovery, Pan said, stressing that "China's current monetary policy stance is supportive."他指出,这些举措旨在提振消费、扩大有效投资,巩固当前经济回升向好态势,同时明确“中国当前的货币政策立场具备充分的支持性”。Also on Monday, the PBOC released the latest loan prime rates — the market-based lending benchmarks — which remained unchanged for the fourth consecutive month. The one-year LPR stood at 3 percent, while the over-five-year LPR came in at 3.5 percent.同样在周一,中国人民银行公布了最新一期贷款市场报价利率(LPR)——作为市场基础性贷款利率基准,此次LPR已连续第四个月维持不变。其中,1年期LPR保持3%不变,5年期以上LPR则稳定在3.5%水平。The steady rates were in line with expectations, as the policy rate of seven-day reverse repos has also held stable. Analysts said the third quarter has been a period of observing monetary policy effects, even as the US Fed rate cut provides more policy room for China by potentially ushering in a global rate cut cycle.此次LPR保持稳定符合市场预期,此前7天期逆回购操作利率亦持续维持不变。分析人士认为,尽管美联储降息可能推动全球进入降息周期,为中国货币政策提供更广阔操作空间,但第三季度仍是观察前期货币政策实施效果的关键阶段。Looking ahead, Ming Ming, chief economist at CITIC Securities, said credit growth remained subdued and property sales became weaker in the third quarter, underscoring the need for interest rate cuts to lower financing costs.展望未来,中信证券首席经济学家明明表示,第三季度我国信贷增长态势偏缓,商品房销售表现进一步走弱,这凸显出通过降息降低市场主体融资成本的必要性。Ming said that the narrowing net interest margin of commercial banks suggests that deposit rates may need to decline before a cut in LPRs can take place, adding that rate cut decisionmakers should also pay attention to the impact on investor sentiment in the stock market.明明指出,商业银行净息差持续收窄,这意味着若要下调LPR,可能需要先推动存款利率下行。此外,政策制定者在作出降息决策时,还需关注其对股票市场投资者情绪的潜在影响。During Monday's news conference, heads from China's top financial regulators also reported the achievements made by the country's financial sector over the 14th Five-Year Plan period (2021-25).在周一的新闻发布会上,我国金融监管部门负责人还介绍了“十四五”规划(2021-2025年)期间我国金融业取得的发展成就。Pan said total assets of China's banking sector reached nearly 470 trillion yuan ($66 trillion) by the end of June, the largest in the world, while the country's stock and bond markets ranked second globally in size.潘功胜透露,截至今年6月末,我国银行业总资产规模接近470万亿元(约合66万亿美元),规模位居全球首位;股票市场与债券市场规模则均位列全球第二。Wu Qing, chairman of the China Securities Regulatory Commission, said at the conference that equity and bond financing on the exchange markets totaled 57.5 trillion yuan in the past five years, raising the share of direct financing to 31.6 percent, up by 2.8 percentage points from the end of the 13th Five-Year Plan period (2016-20).中国证券监督管理委员会主席吴清在会上表示,过去五年,我国交易所市场股票与债券融资总额达57.5万亿元,直接融资占比提升至31.6%,较“十三五”规划(2016-2020年)期末提高2.8个百分点。Technology-related stocks now account for over one-fourth of the market capitalization of the A-share market, far surpassing the combined weight of financial and real estate sectors, while dividends and share buybacks reached 10.6 trillion yuan in the past five-year period, more than twice the combined proceeds from IPOs and refinancing, Wu said.吴清指出,目前A股市场中科技相关板块市值占比已超过四分之一,远超金融与房地产板块市值之和;过去五年,A股市场现金分红与股份回购总额达10.6万亿元,是同期首次公开发行(IPO)与再融资募集资金总和的两倍多。Looking ahead, Wu said the commission will advance reforms of the STAR Market and ChiNext regarding IPOs, mergers and acquisitions, and corporate restructurings to amplify support for innovation, improve listed companies' disclosure quality, foster a culture that values and rewards investors, and enhance market regulation and risk-prevention frameworks.对于未来工作方向,吴清表示,证监会将推进科创板、创业板在首次公开发行(IPO)、并购重组等领域的改革,进一步加大对科技创新的支持力度;同时将提升上市公司信息披露质量,培育尊重投资者、回报投资者的市场文化,并健全市场监管与风险防范体系。Wu added that long-horizon assessments of funds will be reinforced, while cross-border investment and financing will be made more convenient to attract more capital inflow.他补充道,监管部门还将强化对基金产品的长期业绩考核,进一步便利跨境投融资活动,吸引更多境外资本流入我国资本市场。Zhu Hexin, administrator of the State Administration of Foreign Exchange, said that overseas institutions and individuals held over 10 trillion yuan worth of onshore stocks, bonds, deposits and loans by the end of July.国家外汇管理局局长朱鹤新表示,截至今年7月末,境外机构与个人持有境内股票、债券、存款及贷款等各类资产规模合计超过10万亿元。Official data showed that foreign investors now hold about 3.4 trillion yuan of A shares, while 269 Chinese companies are listed overseas.官方数据显示,目前境外投资者持有A股规模约3.4万亿元,共有269家中国企业在境外市场上市。accommodativeadj.融通的,适应性强的/əˈkɒmədeɪtɪv/liquidityn.流动性;资产变现能力/lɪˈkwɪdəti/marginn.差额,利润/ˈmɑːdʒɪn/
Stephen Grootes speaks to Izak Odendaal, Investment Strategist at Old Mutual, about the uncertainty hanging over interest rates, as drama at the US Federal Reserve turns unusually political and unpredictable - with President Trump’s attempted firing of Governor Lisa Cook, a court ruling keeping her in place, and rushed Senate confirmations leaving markets guessing about the Fed’s next move. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
Mayberry Jamaican Equities says its latest bond offer, which closed last week, was oversubscribed.First Rock Real Estate says it has repaid its debt to Sagicor Bank, ending the receivership for Hambani Estates.Jamaica's point to point inflation rate fell to 1.2 percent in August. That's the lowest it has been since the 1960s.Global credit rating agency Fitch has maintained its credit rating and outlook on Jamaica after the country's recent general election.The US Federal Reserve has finally cut the benchmark interest rate for the first time since last December.
The US Federal Reserve resumed its rate cut cycle last week with a widely expected 25bp rate cut. Julius Baer expects four further rate cuts through March 2026, pausing at 3.25%, while the markets are pricing in slightly more aggressive easing. Against a backdrop of rapidly falling short-term rates and rising re-investment risk, 5-7 year bonds emerge as the sweet spot – offering a balance of yield and volatility amid a steepening curve. In credit markets, the tight spreads between corporates and Treasuries aren't just a sign of strong corporate demand, but also reflect weakening Treasury appeal. When benchmarked against swaps, the implied corporate credit spreads appear more normal, supporting continued inflows into investment-grade corporate bonds. In equities, the rally in lower-quality and non-profitable tech stocks suggests that the market has been expecting and pricing in looser monetary policy conditions. However, a reversal may be due, and it may be time for quality stocks to outperform again. Notably, despite strong gains, valuations of the Magnificent 7 stocks remain below prior bubble peaks. This episode is presented by Richard Tang, Head of Research Hong Kong at Julius Baer.
Welcome to this week's Titan International market review for the week ending 21st September 2025.US equity markets reached new record highs last week, as investors digested a series of interest rate decisions from both sides of the Atlantic and assessed the implications for economic growth and corporate earnings.The US Federal Reserve moved decisively, cutting interest rates by 25 basis points for the first time in nearly a year. Across the Atlantic, the Bank of England held its key interest rate at 4%, with a 7–2 vote from the Monetary Policy Committee (MPC). Equity markets responded positively in the US, with technology stocks leading the gains, up more than 2%, while small-cap shares also rose over 2%, buoyed by the Fed's move. Despite the Fed's rate cut, US government bond yields rose modestly over the week, particularly along the longer end of the curve. That's all for this week's Titan International Weekly Podcast. Thank you for listening and for further investment insights head over to titanwealthinternational.com.
The US Federal Reserve on Wednesday decided to lower the target range for the federal funds interest rate by 25 basis points to 4.0 - 4.25 percent, the first rate cut since December 2024, Xinhua News Agency reported on Thursday.据新华社4日报道,美国联邦储备委员会(美联储)于3日决定将联邦基金利率目标区间下调25个基点,至4.0% - 4.25%,这是自2024年12月以来美联储首次降息。Recent indicators suggest that growth of US economic activity moderated in the first half of the year. Job gains have slowed, and the unemployment rate has edged up. Inflation has moved up and remains elevated to some extent, the Federal Open Market Committee (FOMC), the principal monetary policymaking body of the Federal Reserve System, said in a statement after a policy meeting. 美联储主要货币政策制定机构——联邦公开市场委员会(FOMC)在货币政策会议后发布的声明中表示,近期数据显示,今年上半年美国经济活动增速有所放缓,就业岗位增长势头减弱,失业率小幅上升,通胀水平有所回升且在一定程度上仍处于高位。"In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 4 to 4-1/4 percent," the statement said. "In considering additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks."声明称:“为实现委员会的政策目标,并鉴于风险平衡发生变化,委员会决定将联邦基金利率目标区间下调25个基点,至4% - 4.25%。在考虑对联邦基金利率目标区间进行进一步调整时,委员会将仔细评估未来经济数据、经济前景演变及风险平衡状况。”The FOMC reiterated its commitment to supporting maximum employment and returning inflation to its 2 percent objective, according to the report.声明称:“为实现委员会的政策目标,并鉴于风险平衡发生变化,委员会决定将联邦基金利率目标区间下调25个基点,至4% - 4.25%。在考虑对联邦基金利率目标区间进行进一步调整时,委员会将仔细评估未来经济数据、经济前景演变及风险平衡状况。”US stocks opened barely changed on Wednesday, with the Dow Jones Industrial Average up 0.04 percent, the S&P 500 down 0.03 percent and the Nasdaq flat. Major indexes extended losses while Fed chair Jerome Powell made his remarks, before ending mixed at Wedensday's close: the Dow gained 0.57 percent, while the Nasdaq fell 0.33 percent and the S&P 500 slipped 0.1 percent.3日美国股市开盘涨跌互现,道琼斯工业平均指数上涨0.04%,标准普尔500种股票指数下跌0.03%,纳斯达克综合指数持平。在美联储主席杰罗姆・鲍威尔发表讲话期间,主要股指跌幅扩大,截至当日收盘呈现涨跌分化态势:道琼斯工业平均指数上涨0.57%,纳斯达克综合指数下跌0.33%,标准普尔500种股票指数下跌0.1%。In Hong Kong, the Hang Seng Tech Index rose 1 percent to 6,397.63. Most major Chinese ADRs advanced, with the Nasdaq Golden Dragon China Index climbing 2.85 percent, as of press time.香港市场方面,恒生科技指数上涨1%,收于6397.63点。截至发稿时,中国主要美国存托凭证(ADR)多数上涨,纳斯达克金龙中国指数攀升2.85%。The Federal Reserve's latest rate cut comes amid a sluggish US economy, with both job creation and growth showing signs of weakness, Xi Junyang, a professor at the Shanghai University of Finance and Economics, told Global Times on Thursday. 上海财经大学教授奚君羊4日在接受《环球时报》采访时表示,当前美国经济增长乏力,就业创造与经济增长均显现疲软迹象,美联储此次降息正是在此背景下推出的。US businesses added only 22,000 jobs from July to August, according to the US Bureau of Labor Statistics, and massive revisions to federal jobs data show that the pace of hiring was notably low in summer 2025, according to a CNBC report on Thursday. Meanwhile, the Fed cut rates while personal consumption expenditures inflation stayed at 2.59 percent, which is above the Fed's target rate of 2 percent.美国劳工统计局数据显示,7月至8月美国企业仅新增2.2万个就业岗位。美国消费者新闻与商业频道(CNBC)4日报道称,对联邦就业数据的大幅修正显示,2025年夏季美国就业岗位增长速度明显放缓。与此同时,尽管美国个人消费支出通胀率仍维持在2.59%,高于美联储2%的目标水平,美联储仍选择实施降息。"After ending its tightening cycle in 2023, the Fed's move into an easing phase appears a logical step and signals a more neutral monetary policy stance," Xi Junyang said, adding that lower borrowing costs will help reduce financing costs for companies and households, spurring investment and consumption.奚君羊表示:“在2023年结束紧缩周期后,美联储转入宽松周期是合乎逻辑的一步,这标志着其货币政策立场向中性方向调整。”他补充称,借贷成本下降将有助于降低企业与家庭的融资成本,进而刺激投资与消费。Globally, countries that have yet to ease may now face greater pressure to follow suit, as keeping rates relatively high could weigh on their economies, Xi Junyang said. 奚君羊指出,从全球范围来看,尚未实施宽松政策的国家如今可能面临更大的跟进压力,因为维持相对较高的利率水平或对本国经济造成拖累。The cut will also help eases pressure from the China-US interest-rate differential, supporting the yuan's stability and potentially boosting overseas demand for the yuan-denominated assets, the expert said.这位专家表示,此次降息还将有助于缓解中美利差带来的压力,对人民币汇率稳定形成支撑,并可能提升海外市场对人民币资产的需求。All 12 members of the FOMC, including Lisa Cook and Stephen Miran, attended the meeting. While 11 members voted for the 25-basis-point cut, Miran voted against the action, preferring a 50-basis-point cut, according to Xinhua.据新华社报道,包括莉萨・库克与斯蒂芬・米兰在内的联邦公开市场委员会12名成员均出席了此次会议。其中11名成员投票支持25个基点的降息幅度,米兰则投下反对票,主张将利率下调50个基点。"We see where we are now, and we took that appropriate action today," said Fed Chair Jerome Powell at a press conference after the meeting, per the Xinhua report. Lowering interest rates will help a struggling labor market, where some people are having a hard time finding jobs, Powell said.新华社援引鲍威尔在会后新闻发布会上的讲话称:“我们对当前经济形势有清晰判断,今日采取的行动是恰当的。”鲍威尔表示,降息将对当前陷入困境的劳动力市场起到帮助作用,目前部分人群面临就业困难。Along with its policy decision, the FOMC released updated economic projections, forecasting US real GDP growth of 1.6 percent in 2025, 1.8 percent in 2026, 1.9 percent in 2027, and 1.8 percent in 2028. The Fed also projected the US median unemployment rate would remain at 4.5 percent in 2025, ease to 4.4 percent in 2026, and drop further to 4.3 percent in 2027. 与此同时,联邦公开市场委员会还发布了最新经济预测,预计2025年美国实际国内生产总值(GDP)增长率为1.6%,2026年为1.8%,2027年为1.9%,2028年为1.8%;失业率方面,预计2025年美国中位失业率将维持在4.5%,2026年降至4.4%,2027年进一步降至4.3%。basis pointsn.基点/ˈbeɪsɪs pɔɪnts/moderatedv.放缓;减弱/ˈmɒdəreɪtɪd/elevatedadj.偏高的;升高的/ˈelɪveɪtɪd/differentialn.差额;差值/ˌdɪfəˈrenʃl/
All of the major US equity indices hit a new all-time high, a day after the US Federal Reserve's first rate cut of the year and stronger-than-expected economic data. Europe followed suit with strength in semiconductor stocks. Central banks diverged: Norway cut rates, the Bank of England held steady, and the Bank of Japan surprised by announcing plans to offload its large equity ETF holdings. Asian markets are mixed, with Japanese stocks volatile and Asian dollar bond spreads at record lows—reflecting global optimism in credit markets. Dario Messi, Head of Fixed Income Research, shares his take on this week's central bank decisions, while Tim Gagie, Head of FX Advisory Geneva, examines the USD and gold following a central bank heavy week.(00:00) - Introduction: Bernadette Anderko, Product & Investment Content (00:27) - Markets wrap-up: Mike Rauber, Product & Investment Content (06:08) - Central bank actions – implications for bonds: Dario Messi, Head of Fixed Income Research (12:28) - FX and metals markets: Tim Gagie, Head of FX Advisory Geneva (16:56) - Closing remarks: Bernadette Anderko, Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.
The US Federal Reserve finally cut interest rates this week — but what does it really mean for investors in Asia? In this episode of Market Focus Weekly, Emily Liu speaks with Yujun Lin, CEO of Interactive Brokers Singapore, about the Fed’s outlook, the global reaction, and what it signals for gold, the US dollar, and capital flows into Asia. They also break down the rally in Chinese tech stocks, and explore how Singapore’s banks and Reits could fare in a lower-rate environment. Highlights: 03:12 Singapore investors react to rate cut 05:51 Gold and US dollar movements 08:35 Chinese AI rally 11:08 Can China catchup to US in AI? 14:00 Will S-Reits benefit from rate cut? --- Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg. --- Written and hosted by: Emily Liu (emilyliu@sph.com.sg) With Yujun Lin, CEO, Interactive Brokers Singapore Edited by: Chai Pei Chieh & Claressa Monteiro Produced by: Emily & Chai Pei Chieh A podcast by BT Podcasts, The Business Times, SPH Media --- Follow Market Focus Weekly podcasts every Friday: Channel: bt.sg/btmktfocus Amazon: bt.sg/mfam Apple Podcasts: bt.sg/mfap Spotify: bt.sg/mfsp YouTube Music: bt.sg/mfyt Website: bt.sg/mktfocus Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. Discover more BT podcast series: BT Money Hacks at: bt.sg/btmoneyhacks BT Correspondents at: bt.sg/btcobt BT Podcasts at: bt.sg/podcasts BT Lens On: bt.sg/btlensonSee omnystudio.com/listener for privacy information.
The US Federal Reserve has delivered its first rate cut since December 2024, trimming the benchmark rate by 25 basis points and hinting at two more cuts this year. Markets had expected the move, but Jerome Powell’s cautious tone on sticky inflation, slowing growth and rising job market risks left investors with more questions than answers. In this episode of The Morning Brief, host Anirban Chowdhury is joined by ET’s Markets Editor Nishanth Vasudevan to decode the implications. What does Powell’s “risk management” cut really signal? How did global markets from US treasuries and the dollar to emerging markets react? And most importantly, what does this mean for India: can foreign flows revive? Will Sensex and Nifty hit record highs? Or should investors look to gold and bonds for safer returns?You can follow Anirban Chowdhury on his social media: Twitter and LinkedinListen to Corner Office Conversation our new show:: Corner Office Conversation with Pawan Goenka, Chairman, IN-SPACe, Corner Office Conversation with The New Leaders of Indian Pharma and much more. Check out other interesting episodes from the host like: Why Is India Still Buying Russian Oil?, How AI is Rewriting Cinema Part 2, Trump vs Harvard: India Impact, Of Dragons and Elephants: Modi–Xi in Focus and much more. Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube. Credit: USA TODAYSee omnystudio.com/listener for privacy information.
18 Sep 2025. The US Federal Reserve has cut interest rates by a quarter point and the UAE Central Bank immediately followed, lowering the base rate to 4.15%. We ask economist Dan Richards of Emirates NBD what it means for borrowing, saving, and investing here in the UAE. Plus, Majid Al Futtaim has opened a supermarket just for kids, we speak to their CEO of Retail about the concept. And Sky Kurtz, the “Berry King” of Pure Harvest, joins us to reveal two new collaborations as demand for local produce continues to rise.See omnystudio.com/listener for privacy information.
SBS Finance Editor Ricardo Gonçalves speaks with Blair Chapman from Seek about the latest jobs data which showed a near 41,000 fall in full-time jobs; Lochlan Halloway from Morningstar takes a look at the day's sharemarket action including the reaction to the US Federal Reserve's first interst rate cut this year; and Stephanie Youssef discusses the future of chocolate prices with Paul Joules from Rabobank.
The US Federal Reserve has lowered interest rates by a quarter percentage point, bringing its benchmark rate to a range of 4.00 to 4.25 percent. All but one of the 12 members of the monetary policy committee voted in favor of the decision, with the sole dissent coming from newly appointed governor Stephen Miran, a trusted ally of President Trump. And, Jerry Greenfield, co-founder of Ben & Jerry's, has quit the company, accusing its parent firm, Unilever, of silencing the brand's social activism.
①The 22nd China-ASEAN Expo is underway in Nanning. What are the highlights of this year's event? (00:37)②The US Federal Reserve has cut interest rates for the first time this year. What does it mean for the US and global economy? (12:44)③Saudi Arabia and Pakistan have signed a mutual defense pact. What's behind the decision? (24:33)④Kazakhstan expert highlights regional cooperation under Xi's Global Governance Initiative. (33:26)⑤Xinjiang's development in the eyes of an American scholar (42:55)
The US Federal Reserve has cut interest rates for the first time since December. It's a 0.25 point drop, much lower than US President Donald Trump wanted. Sam Dickie from Fisher Funds explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
SBS Finance Editor Ricardo Gonçalves speaks with Blair Chapman from Seek about the latest jobs data which showed a near 41,000 fall in full-time jobs; Lochlan Halloway from Morningstar takes a look at the day's sharemarket action including the reaction to the US Federal Reserve's first interst rate cut this year; and Stephanie Youssef discusses the future of chocolate prices with Paul Joules from Rabobank.
Money Man Scott Phillips talks Unemployment numbers out this week... and the news was mixed, Speaking of job losses, coal miners are doing it toughest and the US Federal Reserve cut interest rates this week... does that mean the RBA will follow suit? https://play.listnr.com/podcast/the-good-oil-with-scott-phillips See omnystudio.com/listener for privacy information.
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Singapore's Straits Times Index (STI) opened lower in early trade, as investors reacted to caution stemming from the US Federal Reserve’s first interest rate cut since December 2024. Among key stocks, DBS, OCBC and UOB fell between 0.6-1%. This comes as current rate pressures and sector rotation weighed on the counters. Meanwhile, Asia-Pacific markets traded mixed, with Japan’s benchmark Nikkei index rose around 1% to a fresh record in early trade. On Market View, Willie Keng speaks to David Chow, Director of Azure Capital, to find out more about the latest market developments. See omnystudio.com/listener for privacy information.
The US Federal Reserve has cut interest rates for the first time since December. It's a 0.25 point drop, much lower than US President Donald Trump wanted. Sam Dickie from Fisher Funds explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
The US central bank - the Federal Reserve - has lowered interest rates for the first time since President Trump began his second term. But what does this actually mean for companies? We speak to two business owners to find out their thoughts. ank - the Federal Reserve - has lowered interest rates for the first time since President Trump began his second term. Pomp and pageantry as King Charles welcomes the US president to the UK. We'll be hearing what kind of reception Donald Trump has received.And the state visit also coincides with a major tech deal between the two allies. But can state visits really help economic ties? A former British deputy ambassador to the US gives us his insight.
Parents and grandparents are increasingly offering financial assistance to family members with 20 per cent saying they provided help in the last quarter, so SBS Finance Editor Ricardo Gonçalves speaks with UBS Economist Stephen Wu to find out to what extent they're helping. Plus Kyle Rodda from capital.com looks through the day's sharemarket action and previews the Federal Reserve's interest rate decision.
The US Federal Reserve is set to make a crucial call on the cash rate, which could have global implications depending on the decision.See omnystudio.com/listener for privacy information.
The US Fed will deliver its most important rate cut decision overnight, with expectations of a drop of at least 25 basis points, and as much as 50 basis points.See omnystudio.com/listener for privacy information.
Kia ora,Welcome to Thursday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news financial markets are struggling to make sense of the US Fed's latest rate cut rationale, one that looks infused with new White House politics.First up this morning, the US central bank cut its policy rate by -25 bps to 4.25% as expected, despite noting that American inflation is "somewhat elevated". It is their first reduction in borrowing costs since December 2024.They said they saw economic activity moderating in the first half of the year with job gains slowing and the unemployment rate edging up. But they still called their jobless rate 'low'. At the same time they noted inflation has moved up. But their economic projections showed they expect inflation over the next year to average 3.4%, higher than the latest CPI level of 2.9%.For some reason, this rising inflation, and 'low' unemployment was the basis for cutting their policy rate. Like many core US institutions, partisan politics is now infecting the Fed. Keeping the pressures under cover, the Fed's press release was unusually short this time, likely papering over the pressures being brought to bear. It looks like the only dissenter was the recent White House injected member.Financial markets have reacted however. After being lower ahead of the decisions, the S&P500 went volatile and is back, tracking slightly lower. The bond market also went volatile, and changed its course to push yields higher. The USD fell and the dollar index (DXY) is now at its lowest level since February 2022. Gold pushed up to a new record high - and then fell back. None of these reactions show confidence in the Trump pressures on the Fed.Meanwhile, US mortgage applications jumped sharply last week, a week that included the US Labor Day holiday. Mortgage interest rates dipped -10 bps in the week and borrowers who need to refinance rushed the opportunity. But new borrowing not so much.However, American housing starts tumbled uncomfortably in August, down far more than was anticipated to be -8.5% below July levels, and -6.0% lower than year-ago levels. New house building consents came in -11.1% below year ago levels, so it is unlikely their housebuilding industry will recover any time soon.Overnight, Canada also reviewed its policy interest rate overnight and cut them too, largely as expected. That takes their key rate to 2.5%. They see a weakening in the resilience first shown by Canadian reactions to their bullying from their southern neighbour. They are watching Canadian consumers and businesses becoming more 'cautious'.In Australia later today, we will get the August labour market report where another small gain in jobs is anticipated (+22,000) and their jobless rate is expected to hold at 4.2%.The UST 10yr yield is now at 4.07%, up +4 bps from yesterday at this time after some bumpy volatility.The price of gold will start today at US$3,658/oz, down -US$29 from yesterday post the Fed.American oil prices are little-changed at just under US$64.50/bbl, with the international Brent price firmish just under US$68.50/bbl.The Kiwi dollar is at just on 59.7 USc and down -25 bps from yesterday. Against the Aussie we are unchanged at 89.6 AUc. Against the euro we are down -5 bps at 50.4 euro cents. That all means our TWI-5 starts today at just over 66.5, down -20 bps from yesterday.The bitcoin price starts today at US$115,997 and down -0.4% from this time yesterday. Volatility over the past 24 hours has again been low at just under +/- 0.8%.Join us at 10:45am this morning for full coverage of the New Zealand Q2-2025 GDP result. Financial markets are expecting a -0.3% dip from Q1 and no year-on-year economic expansion.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.
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Singapore stocks opened higher this morning, despite Asian markets trading mixed as investors await the outcome of the US Federal Reserve’s two-day meeting, where it is expected to cut interest rates. The Benchmarket STI closed lower -0.3% at 4,323 points The Asian benchmark this week also surpassed its previous all-time high set in early 2021, helped by a weaker dollar and a strong AI outlook. While analysts say current forecasts are too optimistic, many are also cautious about the impact of US President Donald Trump’s tariff hikes. What are the risks investors should note and how will potential interest rate cuts influence Asia stocks? On Market View, Willie Keng unpacks all these developments with Too Jun Cheong, Dealing Manager from Moomoo Singapore.See omnystudio.com/listener for privacy information.
Parents and grandparents are increasingly offering financial assistance to family members with 20 per cent saying they provided help in the last quarter, so SBS Finance Editor Ricardo Gonçalves speaks with UBS Economist Stephen Wu to find out to what extent they're helping. Plus Kyle Rodda from capital.com looks through the day's sharemarket action and previews the Federal Reserve's interest rate decision.
On Wednesday, the US Federal Reserve cut interest rates by 25 basis points, a move intended to address concerns about cracks in the labor market. It was a highly anticipated, modest decision from an agency that has been under increasing political pressure from President Trump to do a bigger rate cut. On today’s Big Take podcast, Fed and US economy reporter Amara Omeokwe and host David Gura discuss what the rate cut says about the state of the US job market, the broader economy and the central bank’s independence. Read more: After Rate Cut Powell Says Jobs Market No Longer Very Solid Bessent, Like Fed Governor, Made Contradictory Mortgage Pledges Further listening: Why Trump Is Trying to Fire Lisa Cook See omnystudio.com/listener for privacy information.
SBS Finance Editor Ricardo Gonçalves takes a look at the driving forces in the currency markets with Chris Weston from Pepperstone and previews the US Federal Reserve's Thursday morning interest rate decision.
A US court has ruled that Federal Reserve board governor Lisa Cook can stay in her job in spite of the president's attempts to fire her, meaning she should be able to attend the central bank's September meeting. Meanwhile, Trump appointee Stephen Miran has been confirmed by the Senate to fill a vacant seat on the board. Investors are predicting the Fed will cut interest rates by 0.25 basis points on Wednesday. Also in this edition, we report on how protests in Nepal could threaten the country's vital tourism sector.
SBS Finance Editor Ricardo Gonçalves takes a look at the driving forces in the currency markets with Chris Weston from Pepperstone and previews the US Federal Reserve's Thursday morning interest rate decision.
The Australian share market has begun the week lower, despite optimism ahead of the US Federal Reserve's expected interest rate cut this week. For more, Stephanie Youssef spoke with Macquarie Private Bank Division Director Martin Lakos. Plus, ANZ has been fined $240 million for what ASIC has called widespread misconduct, including allegations of failing to respond to customer hardship notices and failing to refund fees charged to thousands of dead customers. For more, Asha Abdi spoke with Professor Allan Fels from the University of Melbourne.
Markets are off to a strong start this week, which will be a critical one with a 'triple-header' of major central bank decisions. The US Federal Reserve, the Bank of England, and the Bank of Japan are all scheduled to announce their latest monetary policy moves. Recent economic data suggest it may now be time for the Fed to restart its rate-cutting cycle, following a pause that began in January. In today's discussion, we're joined by Mensur Pocinci, Head of Technical Analysis, who anticipates further declines in US Treasury yields and the value of the US dollar. He also expects equities to continue their upward momentum, supported by improving technicals.(00:00) - Introduction: Helen Freer, Product & Investment Content (00:28) - Markets wrap-up: Roman Canziani, Head of Product & Investment Content (07:06) - Technical Analysis update: Mensur Pocinci, Head of Technical Analysis (09:58) - Closing remarks: Helen Freer, Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.
The Australian share market has begun the week lower, despite optimism ahead of the US Federal Reserve's expected interest rate cut this week. For more, Stephanie Youssef spoke with Macquarie Private Bank Division Director Martin Lakos. Plus, ANZ has been fined $240 million for what ASIC has called widespread misconduct, including allegations of failing to respond to customer hardship notices and failing to refund fees charged to thousands of dead customers. For more, Asha Abdi spoke with Professor Allan Fels from the University of Melbourne.
ANZ admits to widespread miscoduct and cops a record $240 million penalty, national clearance rate drops to 65.3 per cent. Plus, the US Federal Reserve is expected to cut rates this week. See omnystudio.com/listener for privacy information.
Headline news for September 15, 2025: Middle East conflict updates, US-South Korea trade talks, Nepal’s political shift, US Federal Reserve rate cuts, China’s economic slowdown, Singapore’s new US shipping rules. Synopsis: A round up of global headlines to start your day by The Business Times. Written by: Howie Lim / Claressa Monteiro (claremb@sph.com.sg) Produced and edited by: Claressa Monteiro Produced by: BT Podcasts, The Business Times, SPH Media Produced with AI text-to-speech capabilities --- Follow Lens On Daily and rate us on: Channel: bt.sg/btlenson Amazon: bt.sg/lensam Apple Podcasts: bt.sg/lensap Spotify: bt.sg/lenssp YouTube Music: bt.sg/lensyt Website: bt.sg/lenson Feedback to: btpodcasts@sph.com.sg Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. Discover more BT podcast series: BT Mark To Market at: bt.sg/btmark2mkt WealthBT at: bt.sg/btpropertybt PropertyBT at: bt.sg/btmktfocus BT Money Hacks at: bt.sg/btmoneyhacks BT Market Focus at: bt.sg/btmktfocus BT Podcasts at: bt.sg/podcasts BT Branded Podcasts at: bt.sg/brpod BT Lens On: bt.sg/btlensonSee omnystudio.com/listener for privacy information.
It's a huge week for currency markets, with four major central bank meetings — the US Federal Reserve, the Bank of Japan, the Bank of England, and the Bank of Canada. Kristina Clifton and Carol Kong discuss their expectations for each central bank and the potential impact on currency markets. Disclaimer: Important Information This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”). Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au. No Reliance This podcast is not investment research and nor does it purport to make any recommendations. Rather, this podcast is for informational purposes only and is not to be relied upon for any investment purposes. This podcast does not take into account your objectives, financial situation or needs. It is not to be construed as a solicitation or an offer to buy or sell any securities or other financial products, or as a recommendation, and/or investment advice. You should not act on the information in this podcast. The Bank believes that the information in this podcast is correct and any opinions, conclusions or recommendations made are reasonably held at the time given, and are based on the information available at the time of its compilation. No representation or warranty, either expressed or implied, is made or provided as to accuracy, reliability or completeness of any statement made. Liability Disclaimer The Bank does not accept any liability for any loss or damage arising out of any error or omission in or from the information provided or arising out of the use of all or part of the podcast.
Recent US payrolls data has indicated the economy is slowing, and it's sparked concern among investors. Economists are calling on the US Federal Reserve to lower interest rates at its September 16-17 meeting, in what would be its first reduction in nine months. Harbour Asset Management's Shane Solly explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Ben Bennett, Head of Investment Strategy, Asia, shares his thoughts on the latest drama at the US Federal Reserve, political developments in France, and China's equity market rally. This podcast was recorded on 3 September 2025 and is hosted by Harry Brooks. All data is sourced from LSEG as at 3 September 2025 unless otherwise stated. For professional investors only. Capital at risk. Assumptions, opinions, and estimates are provided for illustrative purposes only. There is no guarantee that any forecasts made will come to pass. Past performance is not a guide to the future.
New economic data impacting the US came out last week and it's got experts speculating over whether rate cuts will come. Harbour Asset Management's Shane Solly explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Today, we discuss the US Federal Reserve governor Lisa Cook suing President Donald Trump after he attempted to fire her. President Trump claims she made false statements on her mortgage, and says he has the authority to remove her. Cook has said there is "no cause exists under the law" to sack her. At the same time Trump is in another public dispute with the director of the US Centers for Disease Control and Prevention. How will both battles end? Adam speaks to BBC chief presenter Caitriona Perry in Washington.Adam is also joined by Ed Davey, leader of the Liberal Democrats who is boycotting President Trump's UK state banquet in protest of Trump and Keir Starmer's position on the escalating situation in Gaza.You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers. You can join our Newscast online community here: https://tinyurl.com/newscastcommunityhereGet in touch with Newscast by emailing newscast@bbc.co.uk or send us a whatsapp on +44 0330 123 9480.New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bit.ly/3ENLcS1 Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by Adam Fleming. It was made by Jack Maclaren with Anna Harris and Shiler Mahmoudi. The social producer was Sophie Millward. The technical producer was Mike Regaard. The assistant editor is Chris Gray. The senior news editor is Sam Bonham.
This week we're sharing an episode from, Unhedged, another podcast from the FT network.The annual meeting of central bankers in Jackson Hole, Wyoming, is supposed to be an intellectual retreat. Instead, it was overshadowed by personal and political attacks on US Federal Reserve board member Lisa Cook. Today on the show, Katie Martin talks to US economics editor Claire Jones about her reporting from Jackson Hole and what might happen if the central bank falls under the president's control. Also, we attempt to go long and short but are interrupted by a fire alarm. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer.You can email Robert Armstrong and Katie Martin at unhedged@ft.com.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
President Trump wants Federal Reserve Governor Lisa Cook removed over fraud allegations. She insists she's staying put.Generation Z — the late '90s and 2010s crowd now making their mark as a new force in retail investing.And in our Africa series, we explore why South Africa's film industry is aiming for the global stage.You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
The annual meeting of central bankers in Jackson Hole, Wyoming, is supposed to be an intellectual retreat. Instead, it was overshadowed by personal and political attacks on US Federal Reserve board member Lisa Cook. Today on the show, Katie Martin talks to US economics editor Claire Jones about her reporting from Jackson Hole and what might happen if the central bank falls under the president's control. Also, we attempt to go long and short but are interrupted by a fire alarm. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer.You can email Robert Armstrong and Katie Martin at unhedged@ft.com.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Treasury yields climb and the dollar falls as investors grow increasingly concerned about the US Federal Reserve's independence. Also in this edition: French Prime Minister François Bayrou's decision to call a confidence vote in his government sends markets into a tailspin. Plus, the UN postal agency says that 25 countries have decided to suspend package deliveries to the US.