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

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#10

15-12-2022, 08:41 AM
(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?
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, 08:41 AM by sgbuffett.)
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Messages In This Thread
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
RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - by mikotan - 15-12-2022, 08:36 AM
RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - by sgbuffett - 15-12-2022, 08:41 AM
RE: Song Boh! Fed raises interest rates half a point to highest level in 15 years - by Ola - 15-12-2022, 07:15 PM
Fed funds rate raised to 4.25-4.5% - by sgbuffett - 15-12-2022, 07:05 AM

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