Rising interest rates worrying for Singapore economy: economists

Discussants at the 25th Singapore Economic Roundtable noted that the expected rise in interest rates will further weaken Singapore's already slowing economy, and added that manoeuvring space for further monetary policy response in order to stoke inflation and growth remains tight, as Singapore remains highly indebted. The event, which was held on 18 May 2016, was co-organised by the Institute of Policy Studies at NUS, and The Business Times.

• The Business Times, 23 May 2016, p4