Why Interest Rates up tp 6.5% in 2023

Kon How
2023-01-08

The Fed chairman has given the market a very important clue on 13 Dec 22.

At what level will he consider an interest rate cut?

He said “I wouldn't see us considering rate cuts until the committee is confident that inflation is moving down to 2% in a sustained way,” meaning only if CPI is heading nearing 2% then it is hopeful to see a rate cut.

I explained why interest rate or the Fed Fund Rate is heading up to at least 6.5% at the end of 2023.

Despite the rally on al major US markets yesterday, the Dollar has weakened again. The real danger will be with the continuous rise in interest rates and yet the dollar starts weakening, just like the pound last year. The dollar is trading lower in the past weeks, I am keeping watch on this closely. However, it is not all bad news, we can invest differently…

$NASDAQ(.IXIC)$  $S&P 500(.SPX)$

Follow me to learn more about analysis!!

US Stocks Opportunities
Here are a theme that collects the best quality or your most bullish US stocks, Share your thoughts here!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
24