The financial world does not seem that pleasant beginning last week and early this week. Markets tanked much more. Sentiments dropped.
Something more worrisome on the home front for people with loans. Especially home loans.
The date to watch is 17 Sep 2015, US time where FOMC meeting with a press conference is slated.
I think 25bps by Yellen would kill it.
Some people have been asking. How? Interest rates will rise boh? Will it be volatile? How will it affect my bank loan?
This afternoon's nugget of news from the Association of Banks in Singapore seem to confirm that.
If rates do not change much and stays at rock bottom lows, what's there need to know about it?
ABS decides now a good time to charge people for information on the ever changing (and likely) rising SIBOR.
See bor?
See liao bor?
