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Amundi: Fed unlikely to tighten rate this year

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The US Federal Reserve is unlikely to tighten the interest rate this year, given global concerns over deflation, and as oil prices have declined, senior executives from fund management Amundi Asset Management said on Tuesday.

Singapore

THE US Federal Reserve is unlikely to tighten the interest rate this year, given global concerns over deflation, and as oil prices have declined, senior executives from fund management Amundi Asset Management said on Tuesday.

"We're still in a world of reflation," said

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