DBS Bank's Net Profit in 2025 Hits Record High, Adjusts Federal Reserve Rate Cut Expectations

According to reports from Jinshi Data, Singapore's DBS Bank announced its full-year performance for 2025, with net profit reaching a record high. CEO Gupta stated that it is necessary to respond flexibly to the turmoil caused by U.S. tariffs and monetary policy. Gupta pointed out that the Trump administration may use economic tools as weapons, and tariff and tax policies may change. DBS Bank initially expected the Federal Reserve to cut interest rates four times in 2025, but the latest financial report has been adjusted to two times.