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US reflation seen having mixed impact on Asean economies

Funding squeeze from Fed tightening won't be as bad as in 2013 but growth spillover won't be as good as in 2004.

THE outcome of the US presidential election has led to market expectations of a reflationary fiscal stimulus. As a result, yields have risen as the market expects the Federal Reserve to undertake further normalisation.

Developments in the US will have implications on the 2017 outlook for...