There is a rather good summary in Bloomberg on why Singapore’s Central Bank do not hold a Key Interest Rate.
I think its a good read, a good refresh to go through some thought process when it comes to how externalities affect your Singapore investments, your investments in other parts of the world.
I do get a fair bit of question as to why do the interest rate in the rise affects Singapore’s interest rate.
By no means am I good at this so this article is a good read for me to go through some of these scenarios.
The overall idea premise is that there are likely to be more cross currents in the macro markets, and reading it is going to be very difficult. If your investments require you to have an extremely good read on the macro markets, this is something you have to think about.