Get all your news in one place.
100's of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
Business

Analysts see Fed rate hike of 0.5%

Analysts expect the Federal Reserve to raise interest rates by 0.5% in the middle of this month, putting pressure on stocks, gold and oil to continue their freefall.

After the latest US employment statistics were better than expected, foreign analysts project capital inflows to the Chinese stock market because of news about preparations for Chinese cities to reopen in the middle of next year.

The Thai stock market has been pressured by concerns that the Fed may continue to aggressively raise interest rates for a longer period after the US released service sector index and employment numbers that grew higher than expected in November.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.