The Baiduri Momentum Summit 2023 is set to bring together treasurers and senior corporate leaders where major investment topics and market outlooks will be explored by an expert panel of speakers on August 8.
Policy direction, artificial intelligence, environmental, social and governance (ESG) and investment trends will be analysed and discussed at the inaugural invitation-only summit at The Empire Brunei.
Headline speaker at the summit Dr Taimur Baig expects the Federal Reserve (Fed) rate hikes to cease, despite policymakers indicated otherwise at a meeting in July.
“The key message of the Fed is that policy vigilance would persist even as inflation prints turn favourable.
“We think the United States (US) central bank would keep monetary conditions restrictive for a protracted period. This would particularly hold as private consumption and the labour market remain in expansionary territory,” he wrote.
Dr Baig added: “Examining the data flow on economic activity, consumer and business confidence, labour market, and financial market conditions, we think the Fed would find support for a prolonged period of wait-and-watch that may last through the middle of next year.”
The Chief Economist of DBS Bank will share more of his insights on the global economic and markets outlook at the summit.
Dr Baig’s expertise covers macro and investment strategy, as well as risk management.
Asian Fixed Income of Allianz Global Investors Senior Product Specialist Alicia Tan and Co-Head Asian Equity and Nikko AM Senior Portfolio Manager Yeu Huan Lai will also feature at the summit.
