Emerging Asia's central banks seem unlikely to chase the Fed in raising rates, economists say

Investors have been repositioning in recent weeks ahead of an expected hiking of interest rates by the U.S. Federal Reserve later this year.

The Federal Reserve's counterparts in Asian emerging markets are "in no rush" to chase the U.S. central bank despite its "sharp turn towards a hawkish stance," Bank of America economists said.

A motorcyclist wears a protective mask while sitting at the side of the road at the Sabarmati Riverfront in Ahmedabad, India, on Thursday, Oct. 22, 2020.The Federal Reserve's counterparts in Asian emerging markets are "in no rush" to chase the U.S. central bank despite its "sharp turn towards a hawkish stance," Bank of America economists said.

But the Bank of America economists said there are three reasons central banks in emerging Asia can "cool their feet for longer":

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

CNBC /  🏆 12. in US

France Dernières Nouvelles, France Actualités