3 Investing Moves Singapore Investors Should Make Now That the Fed Cuts Rates
The US Federal Reserve has just cut interest rates, its first step after years of “higher-for-longer.”
While much of the attention is on Wall Street, Singapore investors should pay close attention too.
A rate cut does not just affect American borrowers and savers.
It ripples across currencies, bonds, and equities worldwide, including our market here at home.
The biggest mistake?
Sitting still and letting falling cash yields eat into your returns.
Instead, here are three smart investing moves to consider now.
1. Don’t Sit Still
Cash may feel safe, but after a Fed rate cut, it becomes a shrinking asset.
As global rates fall, local banks will inevitably trim their fixed deposit (FD) and savings rates.
FD rates in Singapore…
