Fed hiked until 5.25% why local banks FD kept dropping?
#1

What logic is this? They are more power then fed reserve?
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#2

All are betting on interest rate drop
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#3

(18-05-2023, 07:21 PM)winbig Wrote:  All are betting on interest rate drop

when dropping? interest are going to stay high
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#4

Blame all the people queuing to put FD and tbills. The local banks and MAS are flushed with too much cash.
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#5

To arbitrarily push up the dollar which has been puzzling ah butt why it's going up higher and higher
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