Bigger Pic: US Fed interest rate trajectory and DBS earnings review

Citing rising risks of higher unemployment and higher inflation and the wave of uncertainty unleashed by US President Donald Trump’s trade policy, the US Federal Reserve announced that they will be keeping interest rates unchanged at 4.25% to 4.5%. How should investors be reading this move and what does it suggest about the trajectory of the policy rate path for the rest of this year? Closer to home, DBS just released its latest set of earnings reports, revealing a fall in net profit for its first quarter. What were the main growth drivers and weaknesses from Q1? Find out with Dan Koh as he speaks to Isaac Lim, Chief Market Strategist at Moomoo Singapore as they break down these stories and more.See omnystudio.com/listener for privacy information.