Us dollar fixed deposit business cooling interest rate upward space may be limited

FAP, 24 Apr (FAP)-recently, a reporter visited a number of bank outlets and learned that the business of US dollar time deposits has shrunk compared with before. some banks have taken measures such as lowering interest rates on US dollar deposits and reducing the types of products. According to industry insiders, the Fed's interest rate hike cycle may come to an end, and the upside of interest rates for domestic dollar fixed deposit products is limited. It is suggested that investors should fully consider factors such as foreign exchange purchase costs and exchange rate fluctuations when buying relevant products. (China Securities News)