APAC central banks likely to delay rate cuts

May 04, 2024 12:37 am

MOST Asian central banks are anticipated to delay reducing policy rates due to the region's sensitivity to capital flows and exchange rates relative to interest rates in the United States.

'The prospect of later US policy rate cuts has significant implications for the outlook for interest and exchange rates in Asia-Pacific (APAC),' S&P Global Ratings said in a report.

Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. PHOTO FROM BSP

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