SG Talk

Finance Minister and MAS should react to CPF members OA interest rate kept @ 2.50% pa. from 1 Oct 2022 to 31 Dec 2022.

Reason : 
4.1 mio CPF members needed an answer.

if can, i would like to take everything out and all in into TBill, SSB, FD etc...

(02-11-2022, 07:35 AM)mrclubbie Wrote: [ -> ]if can, i would like to take everything out and all in into TBill, SSB, FD etc...

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Why CPF CEO,  Finance Minister and MAS don't know about T Bills higher yields?

(02-11-2022, 07:35 AM)mrclubbie Wrote: [ -> ]if can, i would like to take everything out and all in into TBill, SSB, FD etc...

Everyone closed both eyes and acts blur

How can they do that to old pensioners, and elderly retirees?

beri stress-ed
Dola rise and rise
US only export Dola

(02-11-2022, 08:24 AM)singlon Wrote: [ -> ]beri stress-ed
Dola rise and rise
US only export Dola

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Will GIC sink into the RED if CPF Board raised OA interest rate from 2.50% to 3.50%?

They stuck say deficit 4.3B per yr or is it per mth?
how to give they gave they said

Dola natural pathway

React for what?

Corporates and associations will line up to pound the cpf door to open tap at 2.5% just like private properties in the past .... everyone will salivate borrow at 2.5% and get 10% elsewhere ...

(02-11-2022, 08:53 AM)red3 Wrote: [ -> ]React for what?

Corporates and associations will line up to pound the cpf door to open tap at 2.5% just like private properties in the past .... everyone will salivate borrow at 2.5% and get 10% elsewhere ...

GIC already taken everything and invested overseas

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Where is the Rules of Law book?

Thank for the news article

They happy can Liao

(02-11-2022, 06:49 PM)LupCheong Wrote: [ -> ]They happy can Liao

Sadly, they don't know what's the other hand is doing..

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CPF members hard-earned savings are virtually trapped

"With today's rate increase, the benchmark federal funds rate is a range of 3.75% to 4%. Rates are expected to peak at 4.5% to 4.75% in 2023, according to the U.S. central bank's own projections.6 hours ago"

https://www.google.com/search?q=federal+...ates+today&oq=fed+reserves+raised+interest&aqs=chrome.3.69i57j0i10i13i512j0i22i30l2j0i10i22i30j0i22i30l2j0i10i22i30j0i22i30.19592j0j4&client=ms-android-oppo-rvo3&sourceid=chrome-mobile&ie=UTF-8#:~:text=With%20today%27s%20rate,6%20hours%20ago