Are you looking for the best fixed deposit rates in May 2025? The recent market crash due to Trump’s tariffs had taught us to diversify our investments into various financial assets. If you cannot tolerate the volatility of the current stock market, you should look at less risky financial assets. Fixed deposits are low risk in nature and at times, Singapore banks may offer attractive interest rates as part of their fixed deposition promotion. The most important thing is that your principal and interest return is guaranteed. Just fresh news from the Federal Reserve yesterday, the Fed announced that they will be keeping interest rates unchanged for the moment because President Donald Trump’s tariffs have created “so much uncertainty”. It is important to know the relation between Fed rate changes and fixed deposit interest rates. Do you know what are fixed deposits? Fixed deposits are sometimes also termed as time deposits. Fixed...