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Full Version: Standby your Bullet for December Fed hike.
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Which bank will rise fixed deposit interest to 4.5%? Rotfl

A way of no return.
Will it go higher?
(12-12-2022, 12:47 PM)OutBreak Wrote: [ -> ]Will it go higher?

Of course. Fed has no control on $$$ collection out of the market.
So much $$$ printed. Take donkey years to collect back. It is 5 trillion. Their current action is still too slow.
Tbill
Bank of India
Boc
Cimb?.
The Fed rate hikes has not stopped
These are the most headache problems.

Not enough people are reentering the workforce. That makes it more difficult for the Fed to stamp out wage inflation.

There's a mismatch between job openings and job seekers. While many engineers are needed to carry out the measures in the bipartisan infrastructure bill and Inflation Reduction Act, "we're tapped out of engineers," he said.

There are too many people working in customer relations management, data analysis and advertising. The abundance of these workers means the enterprise software industry is "bloated" and more layoffs are likely coming.

Too many new companies were created in the past two years. This has pushed wages higher, and it'll take time for all the capital to destruct as they struggle to stay in business, he said.
Standby leow.