You are here: Home » Reuters » News
Business Standard

Analysis: Breaking slow - Asia set to raise rates next year, but still lag Fed

Reuters  |  HONG KONG 

By Marius ZahariaHONG KONG (Reuters) - Tighter monetary policy is coming to Asia next year. Yet it will lag the Federal Reserve's rate hikes as Asian central banks balance an exports-led revival in growth with a slowdown in regional locomotive China.That will mark a shift from a few months ago when most economists expected Asian policy makers to hold their ground or even ease further, but the trade windfall behind a synchronised uptick in global growth is seen lasting longer.Last week South Korea took advantage of the trade boom to normalise policy, lifting rates for the first time in more ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, December 07 2017. 10:17 IST