• US rate hikes in 2017
After being sworn into the office on Jan 20 next year, investors will get a clearer picture of whether Donald Trump will keep his election promises, including higher interest rates. DBS expects by another four US rate hikes next year, lifting the Fed funds rate to 1.75% by end-217. Against the SGD, the greenback is higher by more than 3% to 1.43.

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