📈Asian Economies Resilient Enough to Endure Turbulence, IMF Says
Bloomberg reports that Asian economies are resilient enough to ride out turbulence, IMF economists said.
📊Asia remains a key engine of global economic growth, but this year it has seen a rise in uncertainties that span a range of factors. Japan’s surprising leadership transition, South Korea’s bungled martial-law command, and the threat of tariffs from Trump have made the future harder to predict in the region.
🔝While declining to comment on specific countries and political situations, IMF Asia-Pacific division chief highlighted the resilience of the region and said it maintains a great deal of upside growth potential.
🏦The IMF agreed the region has “displayed remarkable resilience” and expected it to continue to do so going forward. There’s “ample room” by Asian central banks to cut rates further as consumer inflation slows, and the Federal Reserve is also seen as planning to ease its own monetary policy.
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Bloomberg reports that Asian economies are resilient enough to ride out turbulence, IMF economists said.
📊Asia remains a key engine of global economic growth, but this year it has seen a rise in uncertainties that span a range of factors. Japan’s surprising leadership transition, South Korea’s bungled martial-law command, and the threat of tariffs from Trump have made the future harder to predict in the region.
🔝While declining to comment on specific countries and political situations, IMF Asia-Pacific division chief highlighted the resilience of the region and said it maintains a great deal of upside growth potential.
🏦The IMF agreed the region has “displayed remarkable resilience” and expected it to continue to do so going forward. There’s “ample room” by Asian central banks to cut rates further as consumer inflation slows, and the Federal Reserve is also seen as planning to ease its own monetary policy.
Read full:
⬇️⬇️⬇️
en review.uz/en/623
ru review.uz/623
More analytics
⬇️⬇️⬇️
© Экономическое обозрение
© Иқтисодий шарҳ
© Economic Review
telegram | facebook | twitter|linkedin