Boo2020
2022-04-22

Rate hike coming[Surprised] [OMG] need more bullets...


1. A HALF-POINT interest rate increase “will be on the table” when the Federal Reserve meets on May 3-4 to approve the next in what are expected to be a series of rate increases this year, Fed Chair Jerome Powell said on Thursday in comments that pointed to an aggressive set of Fed actions ahead.

2. With inflation running roughly three times the Fed’s 2 per cent target, “it is appropriate to be moving a little more quickly,” Powell said in a discussion of the global economy at the meetings of the International Monetary Fund. “Fifty basis points will be on the table for the May meeting.”

3. In likely his last public remarks before the Fed’s next session, Powell also said he felt investors currently anticipating a series of half-point hikes were “reacting appropriately, generally,” to the Fed’s emerging fight against rising prices.

Macro Trend
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Comments

  • KittyBruno
    2022-04-22
    KittyBruno
    In fact, raising interest rates is not all a bad thing. Stocks that have always performed steadily will not be greatly affected, but may be sought after.
    • Boo2020: 
      interest rate hike also affect Tiger voucher issuance, no more SGD 88 [Gosh]
  • BigKKK
    2022-04-22
    BigKKK
    No bullet is the problem
    • Boo2020: 
      ya have to save more or do part time job liao
  • Boo2020
    2022-04-22
    Boo2020
    Fed Chairman Jerome Powell on Thursday said the central bank is committed to raising rates “expeditiously” to bring down inflation.
  • CrystalRose
    2022-04-22
    CrystalRose
    The news has been around for a long time, and now the dust has finally settled, but it is not what it was at first.😁😁😁
  • EmilyMark
    2022-04-22
    EmilyMark
    Raising interest rates has become inevitable, and now it depends on how much it will increase, which will have a great impact on the stock market.
  • Boo2020
    2022-04-22
    Boo2020
    I m just spending normal for basic necessities, if tighten,now need to spend lesser [Surprised]
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