KUALA LUMPUR: The FBM KLCI entered a steady descent into the red in the morning session as investors sold down their positions ahead of the release of the US consumer price index later tonight.
The inflation gauge is expected to rise 0.2% month-on-month, cementing the Federal Reserve's decision to maintain its aggressive rate hike cycle to tame prices.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
