How the biggest US Federal Reserve rate hike in 22 years may affect Singapore households and businesses - CNA

SINGAPORE: The US Federal Reserve’s biggest rate hike in 22 years will likely see interest rates in Singapore rise as well, translating to higher cost of debt for households and businesses, experts told CNA. But a robust local economy and the recent reopen…

With the Federal Reserve set to hike rates a few more times this year, this will continue to put upward pressure on interest rates in Singapore in the short- and medium-term, said Mr Christopher Wong… [+2535 chars]

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