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Federal Reserve raises US interest rates, predicting tax cuts will provide ‘some lift’ to economy
 

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Hong Kong is among equity markets in Asia to enjoy huge gains this year. Photo: AP
Tax cuts, tighter monetary policy and widening bond yield spreads could all make next year a good one for the US currency
File photo of bitcoin in Washington. A senior Fed official warned bitcoin may pose a threat to financial stability after racing past US$11,000 this week. Photo: AFP

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