Ringgit Ends Lower Against Greenback as US Rate Hike Debate Persists

Ringgit ends lower against greenback as US rate hike debate persists

KUALA LUMPUR: The ringgit finished lower against the greenback on Friday as the market closely monitors the ongoing debate regarding interest rate hikes in the US.This comes ahead of the Federal Open Market Committee meeting scheduled for Sept 15 and 16. The US Federal Reserve (Fed) has kept interest rates unchanged so far in 2026, but hawkish remarks by Fed chair Kevin Warsh at the Jackson Hole symposium have increased expectations of a rate hi…

Fed Rate Hike: Morgan Stanley Expects Hold Despite Warsh’s Hawkish Tone

The post Fed Rate Hike: Morgan Stanley Expects Hold Despite Warsh’s Hawkish Tone appeared first on Coinpedia Fintech News Morgan Stanley expects the Federal Reserve to keep interest rates unchanged despite Chair Kevin Warsh’s hawkish Jackson Hole speech. The bank forecasts August core CPI to rise 0.23% month over month and core PCE to increase 0.20%, supporting a patient approach. PCE revisions could also lower annual core inflation to about 3.1…

Morgan Stanley expects Fed to hold rates steady despite Warsh's hawkish tone

The Fed's steady rate approach may stabilize markets, allowing for a thorough assessment of inflation trends amid evolving economic data.