Fed sees interest rate hikes continuing until inflation eases substantially, minutes show

MORNING SQUAWK APAC Thursday, 18 August 2022 Fed sees interest rate hikes continuing until inflation eases substantially, minutes show The FOMC on Wednesday released minutes from its July 26-27 meeting, when it raised interest rates by 0.75 percentage point. » Read more Asia-Pacific markets trade lower after Wall Street cools following Fed minutes July minutes from the U.S. Federal Open Market Committee pointed to "little evidence inflation pressures were subsiding" at the time of the meeting. » Read more Chinese property developers' cash flows have plunged by more than 20% Chinese property developers' cash flows — a sign of the companies' ability to stay afloat — have plunged this year, according to Oxford Economics. » Read more A high-profile meeting in China may have tipped off which provinces will have highest growth Chinese Premier Li Keqiang has called on six provinces to take the lead in supporting the country's growth after July data showed a slowdown across the board. » Read more Looking for an offbeat European holiday? This island has its own rules, language and vodka Accessible via ferry or flight, Jersey has nearly 50 miles of coastline, more sunshine than mainland U.K. and plenty for travelers to do in the Channel Islands. » Read more Today's Guest Highlights on CNBC All times in SIN/HK 10:00 Alex Wolf MD and Head of Investment Strategy / JPMorgan Private Bank Asia Markets 10:30 Loh Boon Chye CEO / SGX Group SGX 2H FY2022 Results 12:30 Reid I'Anson Senior Commodity Analyst / Kpler Oil + OPEC tape Send to a friend  |  Advertise  |  More newsletters  |  Digital Products  |  Unsubscribe © CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632