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Fed rate hikes of little concern: economists
US interest rates still at historic lows; not expected to dampen inflation, investment, and trade
Add BT as a preferred sourcePublished Thu, Jul 13, 2017 · 09:50 PM
Singapore
EVEN though US Federal Reserve chair Janet Yellen said at her congressional testimony on Wednesday that US interest rates would continue their gradual ascent, it would not dampen inflation or economic growth, said economists The Business Times spoke to.
They also do not see the Fed hikes destabilising the Asian economies' strong economic performance.
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