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I thought the Fed is now stuck between a rock and a hard place ?
Rise interest can kill more US banks.
Lower interest will elongate inflation.
What option does the US Gov have now ?
You've got friendly neighbours? Grow Up! - 李光耀 2013
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Till now, you still dont know why Fed keep raising rate?
Now their own bank is in trouble.
So instead of raising rate to 50 basis points, it drops to 25basis points and let his 5 little bros off this round.
India flips prata extremely fast. It has started to sanction Russia already.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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(This post was last modified: 24-03-2023, 06:10 PM by
RiseofAsia.)
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India’s opaque purchases of Russian oil emerge as sanctions test
https://m.economictimes.com/news/economy...650753.cms
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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(This post was last modified: 24-03-2023, 06:17 PM by
RiseofAsia.)
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China is smart this time, China has pointed out this round of Bank crisis started in U.S. so US authority needs to show transparency on their banking sector.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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(This post was last modified: 24-03-2023, 06:25 PM by
RiseofAsia.)
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“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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