Asia countries will cut rate soon...while Fed carry on rate hike, how hah?

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Asia countries will cut rate soon...while Fed carry on rate hike, how hah?

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11-07-2023, 11:40 AM

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Asia countries will cut rate soon...while Fed carry on rate hike, how hah?

An honorable member of the Coffee Shop Has Just Posted the Following:

https://www.cnbc.com/2023/07/11/asia...ed-nomura.html

“Our view of Asian central banks cutting policy rates ahead of the Fed in this cycle is based on the fundamental divergences between Asian and U.S. economies,” Nomura economists wrote.

Minutes from the Federal Reserve’s June meeting showed there will be more rate hikes ahead, albeit at a slower pace. On the contrary, China has turned to policy rate cuts as its economic recovery...

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