05-09-2022, 01:42 PM
where the funds will flow to if FED keep hiking interest rates
https://ceoworld.biz/2022/09/05/the-worl...mies-2022/
for a start many currencies depreciates and money flow into usd as it carries higher interest rates, sgd also hike it rates so that sgd interest rates are not too far off from the usd so money will stay put in sgd instead of going into usd to earn rate up to 4% if FED continue its "growth recession" rate hikes
https://ceoworld.biz/2022/09/05/the-worl...mies-2022/
for a start many currencies depreciates and money flow into usd as it carries higher interest rates, sgd also hike it rates so that sgd interest rates are not too far off from the usd so money will stay put in sgd instead of going into usd to earn rate up to 4% if FED continue its "growth recession" rate hikes