The Business Times
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Georgios Georgiou

The US' growth and inflation backdrop supports a patient rate policy, but dissenting voices in the Federal Open Market Committee seem to be growing in number; pressure is mounting from the Trump administration to cut rates.
WHO’S WHO IN PRIVATE BANKING

Bond markets steady as Fed stays on hold

But September or October are in play for a resumption of rate cuts, especially if consumer demand and the job market soften more than expected

Social norms, beliefs and behaviours can create an internal enforcement mechanism, potentially leading to a high level of trust and care among individuals.
COMMENTARY

Of state and society: Does Singapore have social capital?

Countries require both state-imposed laws and society-driven norms in order to flourish

Teen students visiting an NUS open house. They were brought there by a tuition centre.
THE BROAD VIEW

Meritocracy and its discontents

MERITOCRACY is in the core of Singapore’s psyche and is generally believed to be a major force behind the nation’s economic success. Indeed, since the times of Plato’s Republic, meritocracy has been c...

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