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Why is CPF interest rate 2.5% below inflation of 4.4%? - Printable Version

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Why is CPF interest rate 2.5% below inflation of 4.4%? - Scythian - 17-08-2022

Why is CPF interest rate 2.5% below inflation of 4.4%?

"The core inflation rate — the central bank's favoured price measure - rose to 4.4% in June on a year-on-year basis. 

A Reuters poll of economists had forecast a 4.2% increase in June.25 July 2022"


RE: Why is CPF interest rate 2.5% below inflation of 4.4%? - Scythian - 18-08-2022

..

How come underpaid CPF savings?