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DBS: Rising US asset prices could force Fed to accelerate rate hikes

Despite a broad improvement in equity market sentiment, a rapid rise of US asset prices and looser financial conditions could force the Fed to accelerate monetary tightening, says DBS. Rising US asset prices could force Fed to accelerate rate hikes Sentiments have been boosted by a much-anticipated Fed rate hike, signalling an uptick in confidence in the economy, and the failure of the…

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