US – Interest Rates
30/07/2020 09:40 am MYT
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The Federal Reserve has decided to maintain the federal funds target rate at a range of 0.00% to 0.25% – see figure 1. Interest rates are expected to remain at this target range until the Federal Reserve is confident that the economy has weathered recent challenging events and is on track to achieve its maximum employment and price stability goals.

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Following the Recovery Movement Control Order ("RMCO") announced by the Malaysian Government which takes effect from 10 June 2020 to 31 August 2020, Capital Dynamics Sdn Bhd and Capital Dynamics Asset Management Sdn Bhd, being capital market intermediaries licensed by the Securities Commission of Malaysia, are operating as usual in accordance with the Standard Operating Procedures ("SOP") prescribed by the relevant authorities. During the RMCO, we will continue to take precautionary measures to protect our employees, clients and other stakeholders. Among others, all visitors must continue to wear face masks, having their body temperature recorded, making health declaration and ensure social distancing when you visit any of our Kuala Lumpur offices. To better manage your visits and avoid any inconveniences, you are advised to make an appointment with us before your visit. For our Kuala Lumpur office, you may reach us at +603-2070 2104 or 2105 or 2106 or email us at cdsb@icapital.biz (investment advisory) or enquiries@cdam.biz (fund management).
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