The Business Times
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Faster US rate hikes to have mixed impact on Singapore

One concern for Singapore and the region is the prospect of investment funds flowing out to US-dollar assets

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Published Thu, Jun 14, 2018 · 09:50 PM
    Three-month Sibor

    Singapore

    THE United States Federal Reserve's decision to step up the pace of interest rate increases signals its optimism about the economy but will likely have a mixed impact on Singapore and Asia.

    On the one hand, a stronger US economy spells good news for regional exporters. However, higher rates will push up borrowing costs in Singapore and the region.

    US Federal ReserveInterest ratesSingapore economy

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