Reported 2 months ago
The recent decline of the dollar could provide Asian central banks with the flexibility to lower interest rates, as they face less pressure from rising inflation and currency stabilization needs. With expectations growing for U.S. rate cuts, countries like China, South Korea, Thailand, and Indonesia may ease monetary policy to support their economies. Increased investor optimism about potential rate cuts in the region coincides with a rally in Asian currencies, suggesting a shifting global economic landscape.
Source: YAHOO