Song Boh! Fed raises interest rates half a point to highest level in 15 years - Printable Version

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Song Boh! Fed raises interest rates half a point to highest level in 15 years - RiseofAsia - 15-12-2022

The Federal Open Market Committee voted to boost the overnight borrowing rate half a percentage point, taking it to a targeted range between 4.25% and 4.5%.


https://www.cnbc.com/amp/2022/12/14/fed-rate-decision-december-2022.html

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RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - RiseofAsia - 15-12-2022

By Mar 2023, we shd see 5% interest rate for US. It wont stop at 5%.

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RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - RiseofAsia - 15-12-2022

Let see UOB will raise the rate to how high.
4.45%…

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RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - RiseofAsia - 15-12-2022

I will transfer out all my fund out from DBS…
I have already redeemed my old SSB bond which was 2%.

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Fed funds rate raised to 4.25-4.5% - sgbuffett - 15-12-2022

This level of rate is not sustainable and the market knows it. Look at US 10yr yield remaining at 3.5% points to end of rate hikes coming. US recession is a certainty and will come as soon as early next year.

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RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - sgbuffett - 15-12-2022



Look at the overnight HIBOR if has collapse from 3.5 to 2.1% as the banking system in HK became flush up with money and few borrowers.

Same will happen in Singapore as economy slows the SORA will plunge ...the FD rate is not sustainable. To pay FD of 4% to the bank needs to lend out at 5% ...there are no takers. They can just get cheap funds paying sora rates.

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RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - Odessy - 15-12-2022

Will squeeze everyone to compensate the West until the Dollar gets dethroned by the Yuan?

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RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - RiseofAsia - 15-12-2022

(15-12-2022, 07:34 AM)Odessy Wrote:  Will squeeze everyone to compensate the West until the Dollar gets dethroned by the Yuan?

Their selfish action will expedite the dethroning of USD.
The fall of US empire is coming.
Be prepare not to hold too much USD on hand.
24T USD debt not holding by Fed is scary sia.

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RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - mikotan - 15-12-2022

Banks must be flush with FD now. Interest rates will not raise much further.

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RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - sgbuffett - 15-12-2022

(15-12-2022, 08:36 AM)mikotan Wrote:  Banks must be flush with FD now. Interest rates will not raise much further.

Banka take in 4% fixed deposit by the billions ...People even transfer the CPF monies SRS en masse  .

Now the bank has to lend the money out at 5% to make money. If demand is not there due to economic slowdown ...what happens?

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RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - Ola - 15-12-2022

Our CPF has no increase in interest rates yet?

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