Analysis: Interest rates set to plateau soon for S'pore borrowers even after US Fed raises key rate to highest since 2001
Published on: Thursday 27 July 2023
SINGAPORE — Economists in Singapore largely expect interest rates here to plateau soon even though the United States central bank has just raised its benchmark lending rate to the highest level since 2001 after a pause in its anti-inflation campaign last month.
News source: https://www.todayonline.com/singapore/analysis-interest-rates-peak-soon-us-fed-rate-hike-2001-2220636