Market turbulence grows with rising trade tensions while fixed deposit rates fall further. This week, I was chatting with one of our interns when he asked me what interests me most about financial markets. My answer? Understanding how global events affect the economy, and ultimately, our wallets. With all the tariff uncertainty in recent months, concerns are growing about a slowdown in US consumer spending and the possibility of sharper interest rate cuts by the Federal Reserve. Closer to home, we’ve seen fixed deposit rates continue to fall, and the latest Singapore Savings Bonds (SSB) 10-year average return has dipped to 2.85%. The cut-off yield for the last T-bill auction dropped to 2.75%, and we take a look at what to expect for the upcoming auction on 13 March. On the bright side, some banks have kept their savings account interest rates steady, so it’s still possible to get close to 3% interest in a safe way....