@agape_ian,
If BLR increases, FD rate will also automatically increase. It might not go up to 10% PA but back in the 97s, FD rate did hit 10% PA; that was due to high BLR + BNM also wanted to encourage 'savings' hence the rates then were all-time high.

@tzeyin,
That is right If FDs can give us 10% PA I'll put what I haf in it too *grins*

@kevyeoh,
It's really not a good sign if FD rates go up to 10% PA. It might be good for the few people who's got cash at hand but overall it means we're doomed *gulp*

Yes the signs are all around us; US is oredi suffering from recession

@vincentlee,
Yeah.. I don't know if we realli can trust OUR government - plus, it's no increase for now - we realli wouldn't know what would happen 6 months from today