As the US Fed cuts interest rates, should Singapore investors stomach more risk?

Following the US Federal Reserve’s decision to lower rates to 4.0–4.25%, interest rates on fixed deposits and savings accounts in Singapore are also moderating.

SingCapital CEO, Mr Alfred Chia highlighted in his interview with 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗡𝗲𝘄𝘀𝗔𝘀𝗶𝗮 (𝗖𝗡𝗔) that fixed deposit promotions, which peaked at 2.5%–3% in 2022–2023, have now eased to around 1.5%–1.6% per annum. Banks have also adjusted savings account rates in line with the long-term interest rate outlook.

What does this mean for your investments? Should you maintain a defensive approach or consider exploring alternative opportunities?

Click here to read the full article.