Fixed Deposit has been gradually dropping...

[Lchlch]

From last year onwards, it has been dropping to a low of 2 5%...
When will it rises?

 

[AuraKUPO]

Recession coming already you still fd? US market is losing funds now, every big whales are pulling out now.

 

[Anghtj]

From last year onwards, it has been dropping to a low of 2 5%...
When will it rises?

It won’t. Buy gold

 

[wongminmin]

these few years will be low interest

last year lower interest due to inflation
this year due to tariff, trump want fed to drop interest further.
now people worry for recession, so high interest won't be possible... at least for this year.

 

[Lchlch]

It won’t. Buy gold

Bro, I dnt invest gold. High risk.

 

[MyWill]

Fd is safe. But interest will depend on US's FED.

 

[buttbERry]

think t bills or ssb better rates

 

[Lchlch]

these few years will be low interest

last year lower interest due to inflation
this year due to tariff, trump want fed to drop interest further.
now people worry for recession, so high interest won't be possible... at least for this year.

Jialet...
Very worrying seeing every month reduce...
Will fd hit less than 2%?

 

[Lchlch]

Fd is safe. But interest will depend on US's FED.

Bro, can explain in layman term?

 

[jiakliaobee charsiew]

Spend the money bah keep riaos died how

 

[~sabaisabai~]

Jialet...
Very worrying seeing every month reduce...
Will fd hit less than 2%?

Before covid it was below 2% what

 

[Flexamoria]

Fd is safe. But interest will depend on US's FED.

Very thin hope, cos is govern by stupid trump

 

[0nePunchm@n]

From last year onwards, it has been dropping to a low of 2 5%...
When will it rises?

better dont bro.. if up n up that means inflation also up.. our hawker food will up even more than fd.

 

[Lchlch]

Before covid it was below 2% what

I remember 2 year ago, fd is 3.something precent.

 

[Foreverjobless]

Bro, can explain in layman term?

Our FD is tied to US Fed rate which they will determine during each Fed meeting. They had been progressively cutting since 2024 since inflation had cooled and will be cutting more this year which is why FD will keep dropping.

 

[Lchlch]

better dont bro.. if up n up that means inflation also up.. our hawker food will up even more than fd.

Bro, I am hoping fd up.
Cos many elderly rely on fd interest to cover the high cost n high expenses.
Relying on govt cdc whatever crap can't help much.

 

[Lchlch]

Our FD is tied to US Fed rate which they will determine during each Fed meeting. They had been progressively cutting since 2024 since inflation had cooled and will be cutting more this year which is why FD will keep dropping.

I heard about fed rate in the news...
Meaning if fed rate up, fd also up.
If fed rate reduce, fd also reduce.
Am I right?

 

[Lchlch]

Very thin hope, cos is govern by stupid trump

Oic, that guy reduces the fed rate causing fd to drop.

 

[SkyAmryBoi]

Fd is safe. But interest will depend on US's FED.

Interest is fixed when you place it. But when you renew, then new rate.

 

[Lchlch]

Spend the money bah keep riaos died how

Bro, not enough to spend..