News analysis

Singapore interest rates may remain low for now, but era of cheap money is about to end

Most analysts see tough times ahead for the global financial markets. ST PHOTO: LIM YAOHUI
New: Gift this subscriber-only story to your friends and family

SINGAPORE - Interest rates on loans and fixed-income yields may remain low for a while more after some of the world's most influential central banks recently decided to temper expectations of an immediate hike in borrowing cost.

However, inflation has become a growing headache for the guardians of monetary policy worldwide, whose primary mandate is to ensure price stability.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.