SINGAPORE – The United States Congress’ passing of the US$1 trillion (S$1.35 trillion) infrastructure Bill proposed by President Joe Biden is one of the biggest positive market news coming through the weekend.
By most analysts’ accounts, this should give a further fillip to the equity market, which has already climbed to record highs despite the US Federal Reserve’s announcement that it would start slowing its US$120 billion of monthly asset purchases.
Please subscribe or log in to continue reading the full article.
- Latest headlines and exclusive stories
- In-depth analyses and award-winning multimedia content
- Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*
*Terms and conditions apply.
Join ST’s Telegram channel here and get the latest breaking news delivered to you.
Source: Read Full Article