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Evaluating the Fed's move to raise interest rates by 0.25%, economist Phan Dung Khanh - Investment Consultant Director of Maybank Investment Bank said that the Fed's interest rate hike was not a surprise, but had predicted in advance. The impact of this adjustment period on the Vietnamese market is not large, perhaps, the impact is only short-term. The State Bank had a plan in advance and took action to lower interest rates and inject liquidity into the market. Bama Bingo, “ However, on the basis of the Fed's interest rate hikes and the Fed's operating policies in the coming time, it can be seen that the era of 'expensive money' has not ended, at least this year. For the stock market, the next few sessions will be affected by the Fed's decision to raise interest rates. It is forecasted that, at least in the medium term, this year will still be a difficult year for the stock market. I expect, in the second half of 2023, the positive level will be more, it should be noted that it is better to note here than the worst level, but not to the dream level like 2021," said Mr. Phan Dung Khanh.
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