Posts Tagged ‘low interest rates’
Unsteady pace of recovery worrying
November 9th, 2009 | 
Author: STOCK investors usually welcome low interest rates, but not this time. If anything, the US Federal Open Market Committee’s latest policy statement has reinforced concerns over the unsteady pace of the global economic recovery. The Federal Reserve reiterated after its meeting on Wednesday that it would keep interest rates near zero for ‘an extended period’ and specified for the first time that poli… more
Posted in Singapore Financial News | 
Tags: anything, committee, economic recovery, Federal, federal open market committee, federal reserve, interest, low interest rates, market, meeting, open, open market committee, pace, period, poli, policy, recovery, Reserve, statement, stock, stock investors, time, Wednesday | 
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4% interest for some CPF savings extended
Central Provident Fund (CPF) members will continue to get an interest rate of 4 per cent on a portion of their CPF savings for another year.
This will ensure that CPF returns stay stable in the midst of a global economic crisis that has led to
unusually low interest rates, said Manpower Minister Gan Kim Yong yesterday.
Such concerns prompted the Government to extend the minimum interest rate guara… more
Posted in Singapore Financial News |
Tags: cent, Central, central provident fund, CPF, cpf members, cpf savings, crisis, Fund, gan kim yong, global economic crisis, government, guara, interest, interest rate, Kim Yong, low interest rates, MANPOWER, midst, minimum interest, Minister Gan, portion, Provident, rate, year, yesterday |
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