The US Federal Reserve held an interest rate decision meeting on Thursday and lowered the rate hike to 2 meters. However, due to severe inflation, most members expect that they will not cut interest rates next year .For the shares, TSMC Wei Zhejia also gave a public speech today (17), speaking on three major issues for the first time. The following is a rundown of this week’s major events:
The Federal Reserve will raise interest rates by another 2 meters and there is no possibility of cutting interest rates until 2024
The US Federal Reserve (Fed) held its last decision-making meeting of this year on Wednesday. If the market expects to cut the 2-yard rate hike, the interest rate will reach 4.25-4.5 %.However, considering the risk of inflation, most members expect the terminal interest rate to be higher next year to 5%, and revised down next year’s economic growth forecast, raised forecast of the unemployment rate.
In response to the interest rate cuts, President Powell said that before considering cutting the key interest rate, the central bank needs to be confident in the path of inflation. While many investors believe inflation has peaked and will decline next year, officials at the meeting believe inflation risks are still “skewed to the upside,” so they expect interest rates to be cut over the next few years. 2024, which also shattered market expectations for interest rate cuts.
TSMC Wei Zhejia explained his views on the four major issues and talked about de-Taiwan “there is no door”
TSMC wafer foundry leader (2330-TW)(TSM-USA) President Wei Zhejia spoke publicly on Saturday, expressing his views on going to Japan to set up factories, the United States expanding equipment export controls in China, and Buffett buying up its own stock. Wei Zhejia believes that it is not impossible, but rather difficult for Japan to develop 2nm technology to overtake in a corner. Setting up a factory in Japan is mainly for strategic support, and it is also the largest customer supplier of the TSMC customers.
In response to the joint increase of the United States, Japan and the Netherlands in the control of equipment in China, Wei Zhejia said that this move will enhance the development of China’s semiconductor industry. If the operating performance is good, the market will certainly reflect the value.
Wei Zhejia also expressed on the issue of de-Taiwanization that it is not so easy to control the semiconductor industry chain. This does not mean that wherever the factory is moved, that place will develop and flourish. He reiterated that “there is no door.”
Hon Hai: Due to the delay in the acquisition process, all shares held by Tsinghua Unigroup are liquidated
I have you (2317-TW) announced late Friday evening that its subsidiary Industrial Fulian (FII) has agreed to sell all shares of Tsinghua Unigroup and the full sale amountRMB 5.38 billion yuan (approx.New Taiwan dollar 23.3 billion), Hon Hai said that since the timeline has come to the end of the year and the procedure has not yet been finalized, many uncertainties may arise in order to avoid the delay of the case or affect the subsequent payment scheme. investment and flexibility in the use of capital.
The United States puts 36 Chinese companies on the trade and Yangtze River Storage blacklist
A number of foreign media reported Thursday that the US government had blacklisted 36 technology companies, including Chinese memory chip maker YMTC, including 21 major Chinese artificial intelligence (AI) chip companies and 9 suspects seeking to support Chinese military modernization enterprises, etc., the US move is aimed at expanding its attack on China’s chip industry.
The central bank decided to raise the minimum price of Qingan’s mortgage interest rate by half a meter, starting from 1.9%
The central bank held its fourth quarter supervisory meeting on Thursday, after which, as generally expected by the market, it decided to raise interest rates by half a meter (0.125 percentage points), %, 2.125% and 4%, which It’s the fourth consecutive interest rate hike and is up 2.5 meters since the beginning of this year.
In addition, as the central bank raised interest rates by half a meter, mortgage interest payments also increased. Taking the Qing’an mortgage loan as an example, if Chunghwa Post fully reflects the interest rate hike, then the one-stage moving interest rate will rise to 1.9%; It was reported that the “halving discount and interest rate hike” is expected to be extended for another year, but the final decision is yet to be made by the Executive Yuan.
The dispute over the management rights of Mount Tai widens. FamilyMart confirms that almost 20% of the shares were purchased by the Cai family of Cathay
The dispute over the management rights of Mount Tai continued to simmer, and the Family Mart supermarket chain (5903-TW) announced on Wednesday that the acquirer of 19.3979% stake was developed by Wanbao and Cathay Gold (2882-TW) Chairman Cai Hongtu’s family investment company is equivalent to confirming that the Cai family will become the major shareholder of the entire family.
