US Fed likely to keep interest rates ‘a little bit higher for a little bit longer’: StanChart CEO

Given the current strong state of the United States economy and a lower but still stubbornly above-target inflation, the US Federal Reserve is likely to keep interest rates “a little bit higher for a little bit longer”, said Standard Chartered CEO Bill Winters. Speaking exclusively to CNA in Singapore on Thursday (Apr 4), he noted that the world is in “a fascinating point of economic and market transition”. Read more: https://cna.asia/4ay49D4 Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia