After a lot of angst over whether Singapore's property market faces a crisis, the city-state's efforts to rein in household debt and home prices appear set for their first test as local rates begin to rise.
"Consumer demand has been quite weak already, weighed by the household debt issue," said Michael Wan, an economist at Credit Suisse."Any incremental rise in interest rates will be more negative for private consumption demand."
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Foreign labor restrictions
Foreign workers inflow
Higher productivity for future growth
Household debt-to-income ratio
Increase in interest rates
Macroeconomics Environment
Monthly mortgage repayments
Productivity Growth/ GDP Growth
Singapore Financial Stability Review
Singapore Interbank Offered Rate SIBOR
Singapore Labour Productivity
Singapore upemployment rate
US Federal Reserve