What will be the impact of a Sibor rate hike on homeowners and businesses? BY PAUL HO
The Federal Reserve has raised rates 3 times in 2017 to 1.25%. The federal reserve has hinted at 3 rate hikes in 2018 and 2 more rate hike in 2019. Is that to be taken seriously? If the rates were to be raised 5 times and each time is expected to be 0.25% to 0,5%, that means that the rate will likely end up at 1.25% + 1.25% to 2.5%.I think we have to treat the rate hikes seriously or at least prepare for it.