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Bank of Singapore: Fed officials tend to be “experts at ambiguity”

What should one make of the recent Fed comments? Not a lot really, says Bank of Singapore, which is of the view that American central bankers “tend to be experts at ambiguity”, and cautions against taking action based on empty rhetoric. Experts at ambiguity Projection: 1 rate hike in December, 2-3 in 2017 According to the Singaporean private bank, Fed Chair Janet…

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