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Rising interest rates worrying for Singapore economy: economists

Amid slowing economy, space for monetary policy response is limited due to high levels of indebtness, they say

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The expected rise in interest rates will further weaken Singapore's already slowing economy, said economists at a high level discussion last week.

Singapore

THE expected rise in interest rates will further weaken Singapore's already slowing economy, said economists at a high level discussion last week.

But manoeuvring space for further monetary policy response in order to stoke inflation and growth remains tight, as Singapore