Broker Name: OCBC Investment Research
Date of Report: 11 December 2025
Excerpt from OCBC Investment Research report.
Report Summary:

• The US Federal Reserve cut interest rates by 25 basis points to a range of 3.5% to 3.75%, the lowest in three years, and signaled a possible pause as rates reach neutral levels.
• US stocks rallied on the rate cut, with the S&P 500 closing near a record high, while global markets showed mixed performance; economic projections for the US were revised more optimistically for growth and inflation.

Above is an excerpt from a report by OCBC Investment Research. Clients of OCBC Investment Research can be the first to access the full report from the OCBC Investment Research website: https://www.ocbc.com/personal-banking/investments/research-reports