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

sgbuffett

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15-12-2022, 07:16 AM

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.

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

(This post was last modified: 15-12-2022, 07:17 AM by sgbuffett.)

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Song Boh! Fed raises interest rates half a point to highest level in 15 years - by RiseofAsia - 15-12-2022, 06:37 AM

RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - by RiseofAsia - 15-12-2022, 06:41 AM

RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - by RiseofAsia - 15-12-2022, 07:01 AM

RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - by RiseofAsia - 15-12-2022, 07:02 AM

RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - by sgbuffett - 15-12-2022, 07:16 AM

RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - by Odessy - 15-12-2022, 07:34 AM

RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - by RiseofAsia - 15-12-2022, 08:16 AM