Market View: US Fed 50 basis point hike, Tesla’s cheap valuations, Keppel Corporation, Top Glove, CDL Hospitality Trust, Samudera Shipping line, HSBC goes green
Your Money with Michelle Martin · MONEY FM 89.3
December 15, 202214m 40s
Audio is streamed directly from the publisher (traffic.omny.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
It’s finally official! The US Federal Reserve has raised its benchmark interest rate by 50 basis point, breaking a string of four straight three quarter basis point hikes. But why are markets reacting strongly against this widely expected move? Dan Koh and Zia-ul Raushan bring you the details.
They also discuss HSBC’s latest plan to stop financing new oil and gas fields, and if other banks are expected to follow suit.
See omnystudio.com/listener for privacy information.