What will be the im­pact of a Si­bor rate hike on home­own­ers and busi­nesses? BY PAUL HO

Singapore Business Review - - NEWS FROM SBR.COM.SG -

The Fed­eral Re­serve has raised rates 3 times in 2017 to 1.25%. The fed­eral re­serve has hinted at 3 rate hikes in 2018 and 2 more rate hike in 2019. Is that to be taken se­ri­ously? If the rates were to be raised 5 times and each time is ex­pected to be 0.25% to 0,5%, that means that the rate will likely end up at 1.25% + 1.25% to 2.5%.I think we have to treat the rate hikes se­ri­ously or at least pre­pare for it.

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