US Fed

Ringgit strengthens even more after US Fed’s interest rate comment

US Fed chief said an interest rate hike would be unlikely in the near future

Bursa Malaysia opens higher, tracking Wall Street gains

Decreasing likelihood of interest rate hike by US central bank brought relief to investors

Ringgit opens slightly lower against US dollar after US interest rate remains unchanged

US Fed maintained rate due to a lack of progress towards achieving its 2% inflation target

Bursa Malaysia opens lower, tracking regional peers

US’ decision to maintain its interest rate led to a mixed performance in regional economies

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