You are here
Fed rate hike seen as irrelevant in US$2.6t slice of debt market
THE blowout US jobs report for October means the Federal Reserve may be weeks away from raising interest rates. For US savers earning next to nothing on US$2.6 trillion of money-market mutual funds, the move will barely register.
The reason is that there's an unprecedented
- CALL +65 6388 3838
- EMAIL email@example.com