
a pause is different from a stop...a pause is badly needed.
Just wish that fed keep their interest rate on hold for next three months so as to give even their DOW some breathing space nd to stablize it US$.
The US cannot keep raising interest rate as it will affect economic growth. I am quite sure though the the US dollar shall come down in long term although if interest rate is raised at next FMOC meeting, US dollar shall raise
Replying to nostradamus:
the rising commodity pand oil prices are a sure pain in the ass for the economy. i am afraid that the FED will not only raise interest rate, it will exceed expectation. Gosh if that happens, the like 10% crash in dow jones is possible rit. I wonder will that happen.
guess too many people are hoping they wont raise interest rate. And when they do, then all the analyst will "peng we" (Change their stand) and say that they feel the economy wont be bullish anymore.
Replying to nostradamus:
the rising commodity pand oil prices are a sure pain in the ass for the economy. i am afraid that the FED will not only raise interest rate, it will exceed expectation. Gosh if that happens, the like 10% crash in dow jones is possible rit. I wonder will that happen.
guess too many people are hoping they wont raise interest rate. And when they do, then all the analyst will "peng we" (Change their stand) and say that they feel the economy wont be bullish anymore.
sure hope they dun increase rates further..but as has alredi been said..we shall see..pray for the best..
JUne 29, 3 am ??
if this happens, it will be real bad, it is stagflation...inflation without growth.
The current Fed funds rate is 5%. If the price of oil and other commodities continue to be high, inflation will rise. And the Fed would have no choice but to hike interest rate at the next FOMC meeting. How the market moves would depend on the Fed's indication of whether further tightening is necessary after the meeting.
but I'm sure that the US Feb would already have a rough sense of the inflation before they annouced about the interest rate rite?
anyway, see how lor...
anyway, see how lor...
I have a feeling the US Fed is not going to raise interest rate on 28 June judging from latest inflation report just yesterday in the papers. Let's see.
Hi, wats the current interest rate now? And will the FED raise interest rate further?
I think it might hurt stock prices.