Asian central banks in good position to move independently of Fed, says IMF
Relatively lower inflation in Asia means the region's central banks can focus more on domestic conditions and less on what the U.S. Federal Reserve might do when setting monetary policy, the International Monetary Fund said on Tuesday.
‘Asian central banks should focus on domestic demand’
THE International Monetary Fund (IMF) believes Asian central banks, like the Bangko Sentral ng Pilipinas (BSP), would be better aided in their monetary policymaking by tracking domestic demand than following in the footsteps of the US Federal Reserve.
Asian Central Banks Face Policy Dilemma From Fed Rate-Cut Delay, FX Crunch
A surprise rate hike by Indonesia’s central bank underlines expectations that the start of monetary policy easing is looking increasingly far off for many Asian central banks, if it is on the horizon at all.
Asia Pacific economies headed for 'soft landing', says IMF
Rapid disinflation and resilient growth will help Asia Pacific achieve a "soft landing" even though economic expansion is expected to slow over the next two years, the International Monetary Fund (IMF) said on Tuesday.
IMF raises Asia-Pacific growth outlook to 4.5% for CY24
Asia's growth outlook for 2024 brightens with the International Monetary Fund projecting 4.5% growth, driven by China and India.
Asia-Pacific Economies’ Resilience Spurs IMF Forecast Upgrade
Asia-Pacific economies seem to be weathering the impact of high interest rates, weak global demand and other headwinds rather well, the IMF says as it upgrades its growth forecast for the region.
IMF revises up Asia-Pacific growth outlook to 4.5% from 4.2%
The International Monetary Fund projected on Tuesday that the Asia and Pacific region will grow by 4.5 percent this year, revising upward its October forecast of 4.2 percent, mainly due to strong investment in China and India.
Growth in Asia-Pacific expected to slow in 2024: IMF
Economic growth in the Asia Pacific region is better than previously projected but is expected to slow from 5 per cent in 2023 to 4.5 per cent in 2024, according to IMF's Regional Economic Outlook for Asia and Pacific.
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Currency depreciation may put central banks under pressure to tighten
CONTINUED CURRENCY depreciation in Asia and the Pacific could add to inflationary pressures and prompt central banks to raise interest rates again, the International Monetary Fund (IMF) said.
First Central Savings Bank Reports First Quarter 2024 Net Income of $1.2 million ($0.12 EPS), Strong Non-Interest Income and Stable Asset Quality
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