The Federal Reserve appears likely to raise its key interest rate next week
#1

https://www.cbsnews.com/news/federal-res...023-07-05/
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#2

raise jio raise lor, MYBFD.
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#3

They will raise and raise and when they realise they need to stop the economy will be hard hit

This is called "lag effect" what they do take six months to feel effect

The Fed would hike, the next month they see no results they hike again etc.

This is why they crash the economy every rate hike cycle

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#4

(07-07-2023, 11:14 AM)sgbuffett Wrote:  They will raise and raise and when they realise they need to stop the economy will be hard hit
This is called "lag effect" what they do take six months to feel effect
The Fed would hike, the next month they see no results they hike again etc.
This is why they crash the economy every rate hike cycle

This is as good as saying the US gov does not know how to manage and plan their economy and finance for the long term.

Everyone can see why De-Dollorisation has gone from unthinkable to unavoidable. Big Grin

You've got friendly neighbours? Grow Up! 李光耀 2013
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#5

(07-07-2023, 10:28 AM)K88 shu shu Wrote:  raise jio raise lor, MYBFD.

Yanks announced this right on the 1st day when Yellen start talks with the Chinese in her 4-days official trip to Beijing.

Seems Washington is trying to sweeten the deal by convincing the Chinese to continue buying the USD debt...

Big Grin

You've got friendly neighbours? Grow Up! 李光耀 2013
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#6

This is nothing new, dunt understand why the market overreacted
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#7

Countries with debt in USD are already in trouble.
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#8

So FD interest rates gg up again?

 Answer not a fool according to his folly, lest you also be like him" (Proverbs 26:4)
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