17-12-2015, 09:37 AM
Finally a baby-step for the rate hike. The Singapore board interest rate will follow soon. SIBOR already hiked several time this year...
Fed raises interest rates for first time in a decade in 'dovish hike'
WASHINGTON (Dec 17): The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the US economy had largely overcome the wounds of the 2007-2009 financial crisis.
The US central bank's policy-setting committee raised the range of its benchmark interest rate by a quarter of a percentage point to between 0.25% and 0.50%, ending a lengthy debate about whether the economy was strong enough to withstand higher borrowing costs.
...
http://www.theedgemarkets.com/sg/article...ovish-hike
Fed raises interest rates for first time in a decade in 'dovish hike'
WASHINGTON (Dec 17): The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the US economy had largely overcome the wounds of the 2007-2009 financial crisis.
The US central bank's policy-setting committee raised the range of its benchmark interest rate by a quarter of a percentage point to between 0.25% and 0.50%, ending a lengthy debate about whether the economy was strong enough to withstand higher borrowing costs.
...
http://www.theedgemarkets.com/sg/article...ovish-hike
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡