Fed Mapping Out Its Bond Purchase Reduction Plan

As such, that portfolio turned into $8.76 trillion in holdings, and even with the threat of the Omicron variant, the Fed was already tapering off its bond purchases. Now comes the time to start expunging as the inflation narrative also weighs heavy on the capital markets in addition to COVID-19.

"At their policy meeting last month, officials agreed to wind down their bond-purchase stimulus program more quickly amid growing concerns about high inflation, setting it on track to end in March," the Wall Street Journal reports. "Officials began discussing at that meeting what should happen to the bond holdings after that point, and some are pushing to start shrinking them sooner and faster than they did after an earlier asset-purchase program."

Fed Minutes Point to Possible Rate Increase in March
Officials also are considering an earlier timetable for shrinking their $8.76 trillion bond portfolio

Fed Minutes Point to Possible Rate Increase in March
Officials also are considering an earlier timetable for shrinking their $8.76 trillion bond portfolio

Fed Minutes Point to Possible Rate Increase in March
Officials also are considering an earlier timetable for shrinking their $8.76 trillion bond portfolio

https://www.wsj.com/articles/fed-minutes-reflect-growing-unease-over-high-inflation-11641409628

January 6, 20229:51 AM +08Last Updated 6 hours ago
European Markets
Dollar near five-year high to yen as U.S. yields surge on hawkish Fed

https://www.reuters.com/markets/europe/dollar-near-five-year-high-yen-us-yields-surge-hawkish-fed-2022-01-06/

SHANGHAI, Jan 6 (Reuters) - Asian shares fell on Thursday, extending a global slump after Federal Reserve meeting minutes pointed to a faster-than-expected rise in U.S. interest rates due to concerns about persistent inflation.

https://www.reuters.com/markets/europe/global-markets-wrapup-1-2022-01-06/

SHANGHAI, Jan 6 (Reuters) - Asian shares fell on Thursday, extending a global slump after Federal Reserve meeting minutes pointed to a faster-than-expected rise in U.S. interest rates due to concerns about persistent inflation.

https://www.reuters.com/markets/europe/global-markets-wrapup-1-2022-01-06/

https://harakahdaily.net/index.php/2021/12/31/kejayaan-umat-islam-bebaskan-kuala-kangsar-dari-arak/

https://harakahdaily.net/index.php/2021/12/09/perlis-disaran-contohi-kedah-haram-premis-judi/

https://harakahdaily.net/index.php/2021/12/13/pahang-digesa-tangani-kegiatan-judi-terselindung/

https://harakahdaily.net/index.php/2021/12/31/kejayaan-umat-islam-bebaskan-kuala-kangsar-dari-arak/

https://harakahdaily.net/index.php/2021/12/31/kejayaan-umat-islam-bebaskan-kuala-kangsar-dari-arak/

https://www.wapcar.my/news/vinfast-skips-malaysia-for-indonesia-3-models-ev-included-32956

https://www.wapcar.my/news/vinfast-skips-malaysia-for-indonesia-3-models-ev-included-32956

https://paultan.org/2021/11/10/2022-toyota-avanza-veloz-launched-in-indonesia-dnga-platform-toyota-safety-sense-priced-fr-rm60k/

https://paultan.org/2021/11/10/2022-toyota-avanza-veloz-launched-in-indonesia-dnga-platform-toyota-safety-sense-priced-fr-rm60k/

https://themalaysianreserve.com/2021/01/08/hyundai-to-move-asia-pacific-hq-to-indonesia/

https://themalaysianreserve.com/2021/01/08/hyundai-to-move-asia-pacific-hq-to-indonesia/

Rupiah Malaysia

Rupiah Malaysia.

Western countries facemask mean no freedom. Antifacemask mean spreading more viruses and spreading more quickly. Antivaccine mean more people will die. Soon the number will be huge if they still have this Antifacemask and Antivaccine attitude.

If reached 2 millions positive cases per day, 3 to 4 also possible.

Usa 1 millions people positivel cases per day. ICU sure full. Need more gloves for that.

US sets global record of 1 million reported COVID-19 cases in a day

https://www.thevibes.com/articles/news/48025/epf-should-help-develop-bumiputera-entrepreneurs-companies-tajuddin

https://vt.tiktok.com/ZSe9u9TkG/

Put your money in the fd or renew fd is like you buying a car and it's value keep depreciating until it became scrap metal. The longer the car you holding, the more loss you will incurred.

https://vt.tiktok.com/ZSe9u9TkG/

https://vt.tiktok.com/ZSe9u9TkG/

https://www.bnnbloomberg.ca/turks-cling-to-dollars-in-red-flag-for-erdogan-plan-to-save-lira-1.1702817

https://www.bnnbloomberg.ca/turks-cling-to-dollars-in-red-flag-for-erdogan-plan-to-save-lira-1.1702817

https://www.thevibes.com/articles/news/48025/epf-should-help-develop-bumiputera-entrepreneurs-companies-tajuddin

https://www.thevibes.com/articles/news/48025/epf-should-help-develop-bumiputera-entrepreneurs-companies-tajuddin

Ringgit already depreciate to 4.19 against us dollar. If break 4.20, it may down further to 4.50

If reinstate tax for foreign source income and stamp duty with no limit in the future, the local currency may hit 5.00 against us dollar. Don't believe it, can try reinstate it and see the effects. Learn through trial. Jadi tikus putih.

Ringgit already depreciate to 4.19 against us dollar. If break 4.20, it may down further to 4.50

If reinstate tax for foreign source income and stamp duty with no limit in the future, the local currency may hit 5.00 against us dollar. Don't believe it, can try reinstate it and see the effects. Learn through trial. Jadi tikus putih.

If reinstate tax for foreign source income and stamp duty with no limit in the future, the local currency may hit 5.00 against us dollar. Don't believe it, can try reinstate it and see the effects. Learn through trial. Jadi tikus putih.

Ringgit already depreciate to 4.19 against us dollar. If break 4.20, it may down further to 4.50

LONDON (Reuters) - The U.S. dollar rose to a five-year high versus the yen on Tuesday, boosted by expectations of U.S. Federal Reserve rate hikes, as investors bet that the fast-spreading Omicron coronavirus variant would have limited economic impact.

In the second trading day of 2022, global markets extended the upbeat moves seen on Monday.

The dollar's gains were helped by a rise in U.S. treasury yields, as investors bet on the Fed raising rates, with the U.S. 2-year and 5-year notes soaring to their highest since March 2020

https://m.investing.com/news/forex-news/dollar-edges-higher-fed-seen-hiking-early-despite-rising-covid-cases-2729568

https://www.thestar.com.my/business/business-news/2022/01/04/ringgit-opens-lower-on-improved-demand-for-greenback

https://www.sinarharian.com.my/article/181139/BISNES/Ringgit-dibuka-rendah-berbanding-dolar-AS

Ada situasi boleh u turn. Ada situasi dah lepas, u turn pun tidak dapat berguna lagi.

If virus keep infecting people in UK and Europe, the virus will mutate again and this pandemic and mutation is endless.

Stamp duty on contract notes for trading in shares to be capped at RM1,000

https://www.theedgemarkets.com/article/mof-confirms-higher-rm1000-cap-stamp-duty-share-purchases-edge-report

https://www.theedgemarkets.com/article/mof-individuals-be-exempted-tax-foreignsourced-income

MOF confirms higher RM1,000 cap for stamp duty on share purchases, as per The Edge report

https://www.theedgemarkets.com/article/mof-confirms-higher-rm1000-cap-stamp-duty-share-purchases-edge-report

“At the same time, we are pleased to announce that FSI received in the year of assessment 2022 is exempt from tax calculation for the purpose of Cukai Makmur,” said the ministry.

It said the exemption would be effective Jan 1, 2022 until Dec 31, 2026.

KUALA LUMPUR (Dec 30): The Ministry of Finance (MOF) said the government has agreed to exempt all types of foreign incomes of individuals from tax, and has also extended the exemption to dividend incomes earned by limited liability companies and partnerships.