5 days ago
"Big Cuts This Year": UBP's Pang on Fed Rate Cuts
UBP Asia Head of FX Sales & Execution Ignatius Pang believes two major rate cuts may be on the table before the end of the year. Pang speaks on Bloomberg TV after three Federal Reserve policymakers voiced concerns about the US labor market with remarks that pointed to a potential interest-rate cut in September. (Source: Bloomberg)