NEWS ANALYSIS

Faster US rate hikes to have mixed impact on Singapore

One concern for Singapore and the region is the prospect of investment funds flowing out to US-dollar assets

The United States Federal Reserve's decision to step up the pace of interest rate increases signals its optimism about the economy but will likely have a mixed impact on Singapore and Asia.
PHOTO: REUTERS

Singapore

THE United States Federal Reserve's decision to step up the pace of interest rate increases signals its optimism about the economy but will likely have a mixed impact on Singapore and Asia.

On the one hand, a stronger US economy spells good news for regional exporters.