Best options to grow your short-term cash savings in Singapore
The US Federal Reserve has lowered the fed funds rate from its recent high with three rate cuts in this cycle already. It is anticipated that further rate cuts will follow, with the Fed chair Jerome Powell signalling it to be at a slower pace. If you are seeking to earn yields on your idle cash while interest rates remain above 4%, continue reading to discover the distinctions between money market funds, bank fixed deposits, and Singapore T-bills. Find out which option is most suitable for you.Overview of best fixed deposit rates in Singapore (Feb 2025)
Join our Telegram Channel
Headquartered in Singapore, Endowus is the first and only digital advisor for CPF, SRS, and cash savings, helping everyone invest holistically, conveniently, and with expert advice at the lowest cost possible.
LEAVE A COMMENT
LEAVE A COMMENT