If you recall – in Jan the market was pricing in 7 interest rate cuts in 2024. With hot US inflation and latest comments from Powell, the market is now only pricing in 2 interest rate cuts in 2024. Despite all that, bank fixed deposit interest rates keep dropping. And yet the most recent 6-month […]

source: https://thefinance.sg/2024/06/09/best-fixed-deposit-rates-in-singapore-yield-3-75-where-to-park-cash-for-highest-yield-today-t-bills-or-singapore-savings-bonds-or-money-market-funds-or-fixed-deposits-june-2024/