The so-called “higher for longer” mantra is now the official stance of many major central banks. So is the cycle of rate hikes far from the end? What kind of impact will this then have on the global economy? Should you be concerned? On Money in the Market, Hongbin Jeong speaks to Shawn Sng, Credit Research Analyst, Fixed Income at Phillip Securities, a member of PhillipCapital, to find out more.