QUOTE(okuribito @ Jun 2 2016, 03:54 PM)
thanks for this HLB headsup
I wonder if senior FD account need to open one of these other "harvest" account or not
I hope Kochin wish come true also
After hoping for about 2 years, finally can hear BFM radio talking about US rate hike nearly every morning
Yellen also said 5 days ago that raising rates over time is appropriate
What should I do? Got maturity tomorrow. How many points do you think they'll bump it? How will our BNM and comm banks react? Maybe i'll just roll into the HLB 4.3% 6 mths deal. Any other shorter term options?
Promotion FD won't be much affected by Fed move, but local issue, like OPR, LDR, liquidity etc.
After all, Fed is only expected to raise 0.25%.
If you need/want to place in the coming few days up to months, it doesn't matter much.
Fed rate hike doesn't have direct impact on local interest rate environment, although RM vs USD exchange rate.