Fed is expected to raise rate in September.
But with the turbulence and wild drop in the stock market, it basically may handicap Fed to raise rate for near term.

10 years treasuries plunged below 2% last night basically signal that rate hike chance is becoming minimal.

Liquidity still ample, banks do not need to raise FD rate to attract more fund.

Klibor is the best indicator for liquidity situation, not stock market.

Money supply in the market is determined by the BNM monetary policy. The tool to manipulate money supply is the interest rate. Generally, interest rate will be lowered if there is a gloomy sendiment in the market. If inflatiion is going up due to demand pull, BNM will then increase the interest rate to tighten the money supply.

With GST and decrepciatiin of RM, we will be seeing a cost push inflation, general price level going up, economic growth GDP is slowing down as reported recently. unemployment rate will be going up, hence lower consumption. This will reduce the agregate demand  Theoretically BNM will need to lower the interest rate to increase the money supply in the market to boost the economy. In view of the uncertainty on FED action to increase the interest rate, my guess is BNM will still hold onto the interest rate in Sept month to monitor the effect of RM depreciation, the Chinese Yuan devaluation effect...in the next 3-6 months, my guess is the rate will be going down.

Still have:
PBB 4.17% & OCBC 13 mth 4.2%.

here OCBC Local Deposit Deal

http://www.ocbc.com.my/assets/pdf/Accounts...ositDeal_en.pdf

Yes, PBB is step up rate. Check first page. 

For me, I will take a plunge into MBSB (similar to BR as no PIDM) for their 18 mth 4.5%. 

Oh Malacca stress inducing area, not "pleasure" inducing area ?   

Finally, log into SCB account. The belated 6 month FD interest (for 15 mth 4.5%) appeared. Shown as "Value Date 5/8/2015". 

Done IBFT at zero cost again. This is the part that I am happy with SCB. 

But the problem with their system is still a cause of dissatisfaction with them. 

Ah Boom, @Human Nature, you guys are lucky. My next one is on 2/9. Still earlier than you two. Hopefully it will appear without me calling my RM one more time ! 

Good deal, pure FD ? I was thinking of going for MBSB tomorrow. Min 10k ? 

why take 13 months for 4.2%pa instead of 9 months 4.3%pa?

which OCBC bro? my Kepong girl no idea bout this, again

Any T&C?

Didn't get call from their lenglui RM , tomoro may pay a visit , btw , what's the minimum fund require?less bullet right now

My 3rd SCB 15 mth 4.5% FD received 6th month interest today, good !  Free IBFT again ! 

Funny thing is 1st one automatically goes to JustOne CA.  Second one after asking RM goes to JustOne SA. Third one auto goes to SA also.

@Human Nature, yours coming up on 5/9. Let us know. Ah Boom's one is next. 

Got offer from UOB after negotiate 4.25% p.a for 12 month.