News & Insights Across Asia
Global rate cuts amid slowing advanced economies are turning investors towards emerging markets, with China leading as a key destination due to its proactive fiscal and monetary policies.
The U.S. Federal Reserve has lowered interest rates by 50 basis points amid signs of moderating inflation and a weakening labor market. Former Vice Chairman Donald Kohn stresses the importance of continued cuts.
Analysts predict the Federal Reserve will begin cutting interest rates in September 2024, potentially implementing up to three reductions by year’s end to normalize monetary policy.