Double-Edged Sword: Singaporean Dollar against Overseas Properties

When: Saturday, 29 & 30 July 2023

Time: 2:45pm- 3:15pm

Venue: Melati Ballroom, Level 4. Marina Bay Sands Expo & Convention Centre

Speaker: Alfred Chia, Ceo of SingCapital

In the event, Alfred Chia discusses the inflation rate, specifically the US inflation. According to him, The USA inflation rate has reached a high of 9.1%, the highest in their history.

Over the last 40 years, the US Federal Reserve has been raising interest rates, starting from near zero and currently reaching 5.25% to 5.5%, which is the highest rate in a long time. This increase in interest rates is a response to the alarming inflation and a major concern for the country.