Fed Cut Serves as Starting Gun for Central Banks Across Asia
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Fed cut to serve as starting gun for central banks across Asia
Central banks in China, Taiwan and Japan are expected to hold rates, though there’s some chance of a cut in Indonesia.
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Fed Cut Serves as Starting Gun for Central Banks Across Asia
The prospect for the Fed kicking off a regional cutting cycle has attracted investors, who’ve poured money into emerging Asian debt and equities, helping strengthen currencies in the region.