[sogo]

https://www.straitstimes.com/business/ba...m-dbs-ocbc

[lvlrsSTI]

Oh no!😵😳

[bobby]

[sogo]

Still cheap right

[lvlrsSTI]

Still cheap right

5% is coming, in other countries home loan rate exceeded 5.65% already

[theold]

Some countries already above 10%.

[joyce_tay]

Bro, all the fanciful cars like porsche, bmw, Mercedes, and jumbo cars are not there for nothing. There's no need to worry for them.

They can afford it. 他们负担的起。

[sogo]

5% is coming, in other countries home loan rate exceeded 5.65% already

USA 7% liao

[lvlrsSTI]

USA 7% liao

Another rate hike is coming in a few weeks time, 0.5%, right before Xmas

[klat]

5% is coming, in other countries home loan rate exceeded 5.65% already

How cum cpf OA no change in interest rate?

[sogo]

Another rate hike is coming in a few weeks time, 0.5%, right before Xmas

Still low lah. got balls hike 200 bps one shot

[Ola]

Overpaid PAP Ministers are just Soldiers

still must follow the Global wind and sound

Just cut their pay by 50%, lah

[A2Z]

Still low lah. got balls hike 200 bps one shot

Fed already said 3 more times at 0.5% to claim down runaway inflation. Of course in between there will be some political pressure, dow overbought/oversold, crypto blow up/blow down, ukraine/russia, taiwan etc. As long as the yield curve keeps inverting there will be recession until inflation is fully under controlled.

[lvlrsSTI]

Still low lah. got balls hike 200 bps one shot

CPI number is improved this month, so the hike will not be so aggressive like past months, +50 points for Christmas, but FED said it doesn’t mean they will stop rate hikes, the final target is around 5% by early next year. After that they might start cutting rate gradually in the 2nd half of 2023.

[lvlrsSTI]

[bobby]

[sogo]

Fed already said 3 more times at 0.5% to claim down runaway inflation. Of course in between there will be some political pressure, dow overbought/oversold, crypto blow up/blow down, ukraine/russia, taiwan etc. As long as the yield curve keeps inverting there will be recession until inflation is fully under controlled.

1970s got recession but inflation still high

[sogo]

CPI number is improved this month, so the hike will not be so aggressive like past months, +50 points for Christmas, but FED said it doesn’t mean they will stop rate hikes, the final target is around 5% by early next year. After that they might start cutting rate gradually in the 2nd half of 2023.

cut rates? dun need to cut liao.

next month china go talk with saudi sell oil in rmb.