ONGOING economic uncertainties and rising costs are likely to keep Singapore banks from slashing their home loan rates in 2024, despite expectations that the US Federal Reserve will cut its benchmark interest rate at least three times this year.
Recent Posts
Most Popular
Wall Street banks lose ground in Europe as tariffs spook clients
AS US President Donald Trump has ratcheted up his rhetoric against trading partners in Europe, corporates across the continent are taking notice.
Bank of England rate cuts deliver £11 billion hit to households
The UK central bank is widely expected to deliver a fifth quarter-point rate reduction to 4% per cent on Thursday
Brunei tweaks Bridgewater bet to a lucrative 20% stake in firm
The firm has been selling stakes to institutions for more than a decade