Tag: OPR hiked up H1 2017
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Beware yeah. OPR likely to be hiked upwards. H1 2017
Federal Reserve of the U.S looks at inflation numbers as a key determinant on whether or not they will raise the interest rates. Higher inflation would show that growth is continuing due to better demand. Thus, the rates would rise continuously towards normalisation. This is also one main reason why the US$ continue to be…