<p>Singapore's sovereign wealth fund GIC's investment chief Jeffrey Jaensubhakij warned that the market euphoria following the significant rate cut by the Federal Reserve on Wednesday may be short-lived as inflation risks rise. Jaensubhakij, speaking at the 2024 Milken Institute Asia Summit, mentioned that Coca-Cola is currently in the mix. However, be prepared as labor markets in the US, Europe, and Japan are tight, which could lead to a quicker resurgence of inflation</p>

<p>Jeffrey Jaensubhakij, a long-time investment professional at Singapore's sovereign wealth fund GIC, stated at the 2024 Milken Institute Asia Summit that the market prosperity following the Fed rate cut may be short-lived due to rising inflation risks. He pointed out that tight labor markets in the US, Europe, and Japan could lead to a rapid resurgence of inflation risks</p>

Singapore's GIC Investment Chief: Market Prosperity After Fed Rate Cut May Be Short-lived