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Bank of Singapore: Five US rate hikes or less by 2018-end

Sharing the market’s dovish view towards Fed policy, Bank of Singapore expects one rate hike this year and three or less in 2017 and 2018, with the bank citing two recent works by former Fed Chair Ben Bernanke and San Francisco Fed president John Williams as signals of what may be in store. “The discussion in the two articles is readable, but…

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