Bloomberg
Reluctant Emerging Asia Could Delay Rate Hikes Until 2022
(Bloomberg) — Emerging Asia’s central banks are expected to opt for supporting their economic recoveries rather than tackling volatile price swings this year.All eight emerging Asian economies, including India and Indonesia, are seen holding benchmark interest rates steady through 2021, according to the median forecasts from Bloomberg surveys of economists.Higher real interest rates will allow some of Asia’s central banks…
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