Federal reserve to increase interest rate in July and Sep.

scubaforces

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BENGALURU, June 22 (Reuters) -
The Federal Reserve will deliver another 75-basis-point interest rate hike in July, followed by a half-percentage-point rise in September, and won't scale back to quarter-percentage-point moves until November at the earliest, according to economists polled by Reuters.

Last week the Fed hiked the federal funds rate by three-quarters of a percentage point, its largest rate increase since 1994, after official data just a few days earlier showed inflation unexpectedly rose despite expectations it had peaked.
 

opteron

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100 points increment is not ruled out during the FAQ. ggwp
 

scubaforces

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Singapore Overnight Rate Average (SORA)
compounded SORA 3 month


3 Jan 2022 - 0.1949
23 Jun 2022 - 0.6658
 

tankgunner

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Good luck to those who took heavy loans
 
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