Blog: Fed official voices support for another big rate hike

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3 comment(s). Last comment by Sslee 2022-06-20 17:49

treasurehunt

1,884 posts

Posted by treasurehunt > 2022-06-20 10:36 | Report Abuse

No more cheap money (unlimited QE) to goreng crypto currency anymore and may lead to collapsing. Be prepared for the next financial crisis lor.

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

13,235 posts

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2022-06-20 17:02 | Report Abuse

In the 1980, the inflation rate was around 7% or 8% and the interest rate was around 15%.

Sslee

6,903 posts

Posted by Sslee > 2022-06-20 17:49 | Report Abuse

If interest is 15% then all business will close shop and I will be retire, shake leg just enjoy my earning from my FD interest incomes.

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