A likely reflection of slower growth of supply, potential output, says US Fed Reserve chair

Markets eyeing Jerome Powell's remarks at upcoming Jackson Hole Economic Policy Symposium

US Federal Reserve's assessment of tariff shocks' economic impact a contributing factor

KUALA LUMPUR, June 29 — Malaysia could attract renewed capital inflows into its bond and equity markets, underpinned by a stronger ringgit and a possible shift in the United States' monetary policy.

KUALA LUMPUR, June 25 — The ringgit ended firmer today, supported by easing geopolitical tensions and weaker United States (US) economic data that continued to pressure the greenback.

KUALA LUMPUR, June 25 — The ringgit extended its upward momentum to open higher against the US dollar and other major currencies today, after the United States (US) Federal Reserve (Fed) signalled it was in no hurry to cut interest rates, opting instead to monitor the economy’s trajectory, an analyst said.

SINGAPORE, April 23 — The US dollar jumped broadly against major currencies today as investors heaved a sigh of relief after President Donald Trump backed away from threats of firing Federal Reserve Chair Jerome Powell following his recent attacks.

TOKYO, April 22 — The dollar languished near its lowest level in three years on Tuesday as President Donald Trump's unrelenting attacks on the Federal Reserve chairman further eroded investor confidence in the US economy.

KUALA LUMPUR, April 17 — The ringgit opened higher against the US dollar on Thursday, but trading remained range-bound as traders continued to monitor uncertainties surrounding US tariff policies.

WASHINGTON, April 5 — United States Federal Reserve (US) chairman Jerome Powell said on Friday that "the tariff increases will be significantly larger than expected." He made the remarks in a speech to the Society for Advancing Business Editing and Writing annual conference in Arlington,...

KUALA LUMPUR, March 20 — The ringgit opened higher against the United States (US) dollar after the US Federal Open Market Committee (FOMC) struck a dovish tone on inflation.

KUALA LUMPUR, March 3 — The ringgit is expected to rise against the United States (US) dollar this year, averaging at RM4.23 against the greenback but at a slower pace due to evolving US monetary policy, according to MIDF Amanah Investment Bank Bhd.

KUALA LUMPUR, Feb 12 — The ringgit ended flat against the United States (US) dollar on cautious sentiment regarding the current economic outlook.

KUALA LUMPUR, Feb 12 — The Bursa Malaysia bounced back today to end at a one-month high after the previous session’s sell-off, boosted by gains in heavyweights, amid the upbeat showing in regional peers despite Wall Street’s mixed performance overnight.

KUALA LUMPUR, Feb 10 — The ringgit closed lower against the US dollar for the third consecutive day as concerns over the impact of the United States' (US) import tariff on steel and aluminium industries supported the greenback.

KUALA LUMPUR, Oct 1 — The ringgit maintained its strong footing, opening marginally higher against the US dollar in early trade today on the back of more interest rate cut anticipation in the United States (US) in the near term.

KUALA LUMPUR, Sept 19 — Bank Negara Malaysia (BNM) is expected to hold the overnight policy rate (OPR) at 3.00 per cent despite another possible 50 basis points (bps) rate cut by the United States Federal Reserve (US Fed) this year, said Rakuten Trade Sdn Bhd’s head of research Kenny Yee.

KUALA LUMPUR, Aug 26 — The ringgit opened stronger at 4.35 against the US dollar, hitting almost a 28-month high, as the US Federal Reserve (Fed) appeared on track for an interest rate cut, said an analyst.

KUALA LUMPUR, Aug 24 — The ringgit is expected to strengthen against the US dollar next week, driven by signals from the US Federal Reserve (US Fed) suggesting potential interest rate cuts in September.

KUALA LUMPUR, Aug 23 — The ringgit remained well-supported against the US dollar, closing the trading week at the 4.37 level.