Fed Chair Powell says interest rates are ‘likely to be higher’

Kian Soon Lee, CEO of Astral Asset Management shared the following insights on Biztech’s Asian Midday MarketWatch:

• Fed Chair, Jerome Powell’s speech states that interest rates will not fall anytime soon and is ‘likely to be higher’ than previously anticipated. What should investors do given the new circumstances?
• China’s has set a target of 5% GDP growth. Is it too low?
• Areas and sectors that the Government will focus on in 2023

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Presenter: Brian Fernandez