QUOTE(cherroy @ May 29 2014, 03:02 PM)
But interest rate won't go more than 4%, let alone to compare 5% that IGBreit is giving.
The most interest rate may move, my view is not more than 0.25%, for this year up to next year.
I am thinking the same.The most interest rate may move, my view is not more than 0.25%, for this year up to next year.
BNM is requiring banks to up their reserve ratio, which will reduce money supply.
I "speculate" they will then print money to increase back the supply to as is.
In such case, interest rate is best left untouched, or increase very little.
This way, everything looks status quo, bank profitability/aggressiveness drops a little, govt get more
money due to printing, and the public hardly noticed what has just happened. Damn smart.
May 29 2014, 06:51 PM

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