In the early morning of May 4th, the Fed announced that it would raise interest rates by 25 basis points again.This is the 10th interest rate hike since the Federal Reserve entered this round of interest rate hikes in March 2022.At this point, the cumulative interest rate hike has reached 500 basis points in this round.
In just one year, the US dollar deposit interest rate increased by more than 5 times, and the one -year US dollar regular deposit interest rate soared from less than 1.0%in 2021 to more than 5.0%in the near future, exceeding the yield of some wealth management products, far exceeding the same period of the same period.RMB (6.9080, -0.0048, -0.07%) regular deposit interest rate.
Recently, the pace of the Fed's interest rate hike has gradually slowed down, and how long can the US dollar deposit high interest rate last?
1. US dollar deposit interest rate rose 5 times a year
In the context of the continuous decline of banking's financial management rate, it is not uncommon for people who are tempted by the US dollar.Every day, there are people who apply for exchange and then buy a regular deposit of US dollars.Some banks have adjusted the purchase amount of US dollar deposits, from 8,000 US dollars to $ 5,000, and even some banks can be purchased by $ 2,000.
Investigating a bank found that the 1 -year US dollar deposit interest rate rose to 5.45%, which was a higher interest rate level.According to the visit, most banks' regular deposit interest rates have exceeded 4%, and the highest highest ones can reach 5.5%.Taking Bank of China and Industrial and Commercial Bank of China as an example, Bank of China's first -year US dollar deposit basis interest rate is 4.9%, up to 5.05%of the US dollar deposit interest rates from November last year.The one -year interest rate is as high as 5%.
If calculated at a interest rate of 5%, a time deposit of $ 10,000 can be received at $ 500 in one year. This not only exceeds the yield of some wealth management products, but also a large increase in RMB deposit interest rates.
In just one year, the US dollar deposit interest rate increased by more than 5 times, and the one -year US dollar deposit interest rate soared from less than 1.0%in 2021 to more than 5.0%recently.Relevant interest rates of US dollar deposits at home and abroad naturally rose high.Since March 2022, the Fed's cumulative interest rate hike has reached 500 basis points, and interest rates in the US financial market have naturally soared.
The risk behind such a high interest rate is not small.The replacement of foreign dollar deposit products is not a recommended financial management method.
2. The risk of depreciation behind high inflation
As the Federal Reserve is as expected to raise interest rates by 25 basis points, the corresponding US dollar product interest rate will still be adjusted, so can investors get in the car?What are the risk factors behind it?
This round of interest rate hikes since March 2022 is the fastest and fierce round of interest rate hikes since the Fed since 1980.At this stage, the Fed's monetary policy is in a "dilemma". Although the interest rate increases by 25 basis points to curb malignant inflation, the inflation rate of the United States is still high. The core inflation rate in the United States in February is 5.5%. MarchRising to 5.6%, the actual interest rate in the United States is still negative.In this case, it is unlikely to achieve the long -term inflation target of the Fed's 2%long -term inflation.
Therefore, in terms of investment, American inflation is also a part that investors have to consider.
The US banking crisis has become a stumbling block in the Federal Reserve's monetary policy.The Federal Reserve has previously increased interest rates by 75 basis points, which led to the evaporation of billions of US dollars of government bonds in US Banks, causing confusion in the banking industry.Silicon Valley Bank became the first bank that was deeply closed, and then the United States cryptocurrency banks and signature banks also fell into liquidation or closure.On May 1st, the United States and the banks announced the failure.
There are common problems behind this series of banking storms. Due to the "Cyclonus" water release of the Fed, the deposit of the US banking industry has surged, and the loan demand is insufficient.asset.Take Silicon Valley Bank, for example, science and technology enterprises have received a lot of funds to store them in Silicon Valley Bank.The surging deposit is supported by US Treasury bonds and mortgage loans with a large purchase period of Silicon Valley Bank.
However, since March last year, the Fed has started to raise interest rates sharply, US debt prices have declined, and banks holding bond prices have continued to decline due to federal interest rates, and huge book losses have occurred.The depositor transfer deposits to earn higher benefits. At the same time, the panic of the market has further exacerbated the crowding and concerns, resulting in the continuous liquidity of small and medium -sized banks in the United States today.
Overall, the US SMB crisis caused by the Federal Reserve's interest rate hike has not yet ended. Although it has little to do with Chinese A shares and banks, for investors who purchase products, the US bank crisis is the focus.Factors have to be considered.
On May 4th, the Fed announced its interest rate hike. On the same day, the RMB against the US dollar appreciated to 6.8888 in the current exchange rate disk, which was appreciated by the closing value of 6.9284 on the previous trading day.It was closed at 6.9162, an increase of 122 basis points from the previous trading day.
