SINGAPORE (11 June): With the US Federal Reserve releasing a generally dovish message during its June Federal Open Market Committee (FOMC) meeting, Bank of Singapore (BoS) analysts Eli Lee and Conrad Tan expect no interest rate hikes over the next two years. The US central bank, they argue, wishes to avoid a possible Quantitative Easing (QE) temper tantrum and rate acceleration that could scupper risk asset price recovery. 

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