Moody's predicts that interest rates in the Asia-Pacific region will remain elevated this year, despite moderating inflation. Central banks will adopt a slower pace of monetary tightening, but occasional rate increases may be necessary to guard against inflationary pressures. While the median inflation rate in the region is expected to decline, borrowing costs will stay elevated due to benchmark policy rates remaining above the levels of the last decade.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.