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KM Financial Solutions | SE Asia Stocks-Trade sideways; Singapore slips after 3 sessions of gains
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SE Asia Stocks-Trade sideways; Singapore slips after 3 sessions of gains

12 Dec SE Asia Stocks-Trade sideways; Singapore slips after 3 sessions of gains

Posted at 04:30h in News by
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By Chris Thomas
Dec 13 (Reuters) – Southeast Asian stock markets traded
sideways on Wednesday ahead of a U.S. Federal Reserve meeting
outcome that could hint at the pace of rate tightening in the
world’s largest economy.
The Fed is seen raising its benchmark rate to between 1.25
percent and 1.50 percent at its two-day policy meeting which
concludes later on Wednesday.
The focus will be on clues to the pace of tightening next
year as inflation remains cool. However, the U.S. centr

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