How Federal Reserve Decisions Affect Singapore Homeowners: A Comprehensive Guide
Homeowners are left in suspense following the highly anticipated Fed meeting last week, which, despite no changes in interest rates and the promising potential for 3 rate cuts later in the year, still continued to emphasize the challenge of high inflation. We all know that the Federal Reserve’s decisions on interest rates will have a strong impact on interest rates in Singapore, especially for homeowners. Close to 90% of Singaporeans own their own homes, so the Fed’s decisions affect almost