US fed reserve has just slashed its benchmark Fed funds rates to near zero. This signals the US readiness to keep rates low for some periods of time. With further contraction of the US economy and further deflationary pressures, banks have been charging one another below 0.5% for overnight loans. All tools have been tried. What else is there to try?<\/p>\n
Where will the Sing dollar be heading towards? Please share your thoughts on the impact on Singapore.<\/p>\n
Terence Seah <\/p>\n","protected":false},"excerpt":{"rendered":"
US fed reserve has just slashed its benchmark Fed funds rates to near zero. This signals the US readiness to keep rates low for some periods of time. With further contraction of the US economy and further deflationary pressures, banks have been charging one another below 0.5% for overnight loans. All tools have been tried. What … Continue reading “US dollar has begun to fall. What ‘s its impact on Singapore?”<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,34],"tags":[],"class_list":["post-2309","post","type-post","status-publish","format-standard","hentry","category-reflections","category-34"],"_links":{"self":[{"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=\/wp\/v2\/posts\/2309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2309"}],"version-history":[{"count":0,"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=\/wp\/v2\/posts\/2309\/revisions"}],"wp:attachment":[{"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/silverhairsclub.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}