DBS CEO says Fed's lower interest rates are biggest headwind this year web

DBS CEO says Fed’s lower interest rates are biggest headwind this year

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Piyush Gupta, the CEO of Singapore’s largest bank, DBS, said in an interview with CNBC that the Federal Reserve’s “big cut” to its policy rates will eventually lead to lower interest rates in Singapore and is “likely to produce the biggest headwind for us in the course of this year.” Watch his interview.

Image: Shutterstock / Agent Wolf

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