Property stocks in S’pore fall while banks gain as higher-for-longer rates reshape market outlook

Property stocks in S’pore fall while banks gain as higher-for-longer rates reshape market outlook

Property stocks fell this week as the US Federal Reserve signalled that rates may stay higher for longer. Read more at straitstimes.com.

Higher-for-longer stance maintained – Nordea

Nordea’s Sara Midtgaard reports that the Federal Reserve left its policy rate unchanged and signalled only gradual easing, with one 25 bp cut projected in both 2026 and 2027. She notes Powell’s emphasis on data dependence and geopolitical uncertainty, and Nordea’s base case that the Fed keeps rates on hold over the next two years with no rush to cut. Fed projects very gradual future easing “The Federal Reserve kept its policy rate unchanged in t…