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US STIMULUS

Biden's US$1.9t stimulus bill a major catalyst for Singapore's recovery

Market watchers say rescue package could boost local exports and lift cyclical stocks; but there are risks, too, as inflation expectations rise
By Rae Wee
The Business Times
Biden's US$1.9t stimulus bill a major catalyst for Singapore's recovery
Singapore, with an externally oriented economy and an equity market heavily weighted with cyclical counters, could be a major beneficiary of one of the largest economic rescue packages in US history.
12 Mar 2021 - 05:50

Singapore

US President Joe Biden's US$1.9 trillion stimulus bill, due to be signed on Friday, could boost local exports and lift cyclical stocks, market watchers said.

Singapore, with an externally oriented economy and an equity market heavily weighted with cyclical counters such

Singapore economyus economyfiscal policy

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