Interest rate trajectory: different endings

Singapore

There is no doubt to pundits about the direction of interest rates, but each has a different view on where the trajectory would end.

The US Federal Reserve raised interest rates by a quarter of a percentage point on Sept 26 to a range of 2 per cent to 2.25 per cent - its third time this year and the eighth since it started raising rates in 2015. It is forecast to raise rates again in December, followed by three more hikes in 2019.