USDMYR USD/MYR
- 4.6875
- 0.00000.00%
USD/MYR News
Allianz Chief Economic Adviser Mohamed: The Federal Reserve has more reasons to delay interest rate cuts
According to Allianz chief economic adviser Mohamed El-Erian, there is a risk that the Federal Reserve's practice of delaying interest rate cuts to curb inflation will fall behind the situation
Peggy Investments: The Federal Reserve is expected to cut interest rates three times in the next eight meetings
Analysts at Peggy Investments say they expect the Federal Reserve to cut interest rates three times in the next eight meetings
The US CPI report cools down and is indifferent! The Federal Reserve's “Eagles” senior official Bauman speaks out again
In his latest speech, Bauman did not mention more data released this week, particularly the US CPI for April. Compared to a week ago, the latest data showed that the US CPI data for April gave a signal of cooling down, but she didn't seem to be moved by it.
US Dollar Continues Long Road to Recovery Despite Slew of Softer Data
The US Dollar (USD) is continuing its recovery on Friday for a second day in a row after the steep decline seen on Wednesday, which marked this week for the Greenback.
BlackRock's Rieder Says Cut, Not Hike, Would Tame US Inflation
Rieder pointed to sticky inflation across service sectors, like auto and health insurance, as evidence.
Malaysia Economy Could Grow 4.2% in 2024 -- Market Talk
Malaysia may achieve GDP growth of 4.2% this year after the economy grew faster than initially estimated in 1Q, OCBC says in a note.
Dollar Expected to Be Supported Near Term, Might Weaken Over Medium Term -- Market Talk
The U.S. dollar should weaken further over the medium term, UBS strategists say in a note. "While the U.S. dollar may be supported in the near term as the European Central Bank and the Bank of England are likely to start lowering rates ahead of the Fed, we expect modest USD depreciation as growth outside the U.S. improves," they say.
Malaysia's Q1 GDP Growth Beats Forecasts at 4.2% Amid Declining Exports
Malaysia’s economy grew more than expected in the first quarter of 2024, underpinned by strong domestic demand that offset weakening exports, the central bank said on Friday (May 17).
Malaysia Logs Current Account Balance Surplus of MYR16.2 Billion in Q1
Malaysia's Current Account Balance booked a surplus of 16.2 billion ringgit during the first quarter, according to the data released by the country's Department of Statistics on Friday.
Malaysian GDP Growth Accelerates to 4.2% in Q1
Malaysia's gross domestic product rose 4.2% in the first quarter of the year, faster than the 2.9% growth seen in the preceding quarter, according to the data released by the Department of Statistics
Malaysia's Economic Growth Was Stronger Than Expected in the First Quarter
Malaysia's economy expanded more than initially estimated in the first quarter, supported by stronger private-sector expenditure and a turnaround in exports.
The US economy started weakly in the second quarter, and the Fed's interest rate cuts have stabilized again?
A series of reports released this week showed that the US economy started slowly in the second quarter, further proving that demand is cooling down, which will help lay the foundation for the Federal Reserve to cut interest rates.
Throw cold water on interest rate cuts! The “hawks” of the four major voting committees of the Federal Reserve are repeated, and the prospects for interest rate cuts in September are bleak?
The Federal Reserve is in no hurry to cut interest rates until more evidence of slowing inflation arrives.
Support adding another member to the long-term high interest rate camp Barkin: The Federal Reserve needs more time to stabilize its inflation target
In order to meet the 2% inflation target set, it is necessary for the Federal Reserve to maintain high borrowing costs for a longer period of time.
Cleveland Federal Reserve Chairman: Core inflation is still very high and current interest rates help stabilize the economy
Meester says current interest rates should be kept unchanged
The No. 3 person in the Federal Reserve commented on the US CPI: the overall trend is positive, but it is not enough to push for a quick interest rate cut
New York Federal Reserve Chairman Williams said that although the latest economic data should not be overemphasized, the CPI cooling in April was a positive development after experiencing disappointing data from previous months. However, there is still insufficient confidence that price pressure will continue to advance towards the Fed's 2% inflation target, so interest rates will not be cut for the time being.
Why the Post-Fed Stock-market Rally Is Raising Fresh Inflation Questions
Over much of this month, stock investors have enjoyed a rally, helped by easing monthly consumer-price gains for April and the Federal Reserve's willingness to put low chances on a future interest-rate hike despite the first quarter's upward surprises on inflation.
Forex Today: Cautious Fedspeak, Data Bolstered the Dollar
The Greenback regained some balance and managed to partially reverse its recent strong sell-off, particularly in the wake of the US CPI.
April CPI: Worst Good News Ever
The monthly rise in prices based on the Consumer Price Index (CPI) came in slightly lower than projected, sending a wave of euphoria across the financial landscape.
Fed's Mester Suggests Interest Rates Should Stay High for Longer
Several Federal Reserve officials said the central bank should keep borrowing costs high for longer as policymakers await more evidence inflation is easing, suggesting they’re not in a rush to cut interest rates.