Latest Federal Open Market Committee minutes show that the possibility of an interest rate hike cannot be ruled out by the markets, says analyst.
KUALA LUMPUR: The Malaysian ringgit and Philippine peso were among Asean currencies pressured by a stronger US dollar after the latest Federal Open Market Committee (FOMC) minutes hinted at a possible interest rate hike, an economist said.
Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said the latest FOMC minutes showed that the possibility of an interest rate hike cannot be ruled out by the markets.
The US retail behemoth projects lower earnings per share in this year’s first quarter compared with analyst expectations and slower annual revenue growth.
Wanita dan kanak-kanak antara yang maut manakala mangsa lain yang masih hidup dikhuatiri terperangkap di bawah runtuhan bangunan kediaman akibat letupan waktu sahur.