Money market rates are softening

In previous months, I was able to get a return of slightly more than 3% on my savings in the money market.

I read that the interbank rates have dropped by 0.5% during the past month. This means that the return on the money market will also fall. Fixed deposit rates have also dropped by about 1% during the past month.

I will still keep my savings in the money market fund, as I do not wish to invest in the stock and property market at the current high level.