The S&P 500 has revised down the U.S. GDP forecast in 2023 to 1.6%...
US Banks Pass Stress Tests, On Pace for Dividend Payout
The U.S. Federal Reserve said that all banks passed annual stress tests, which will...
Jerome Powell Admits Possibility of Recession, Saying Soft Landing Difficult to Achieve
The Federal Reserve Chairman Jerome Powell told the congressional lawmakers yesterday that the central...
Fed Hikes Rate by 75bp and Expects 50-75bp Raise in July Meeting
The Federal Reserve on Wednesday raised its benchmark interest rates by 75 basis point,...
KSS Recommends TU and ASIAN amid Weaker Thai Baht ahead of Fed’s Rate Hikes
The Thai baht opened lower on Wednesday to a five-year low against the dollar...
Brokers Now Expect 75bp Hike in June from Fed to Slow Down Inflation, Goldman Sees 4% in 2023
The higher-than-expected U.S. inflation in May had caused the fluctuation for the risk assets...