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Goldman Sachs: Affected by the risk of US tariffs, it is expected that the pace of interest rate cuts in Asian countries will slow down

Goldman Sachs Group said Asian central banks would proceed cautiously with further easing given the strength of the dollar and the risk of tariffs imposed by the Trump administration. Goldman Sachs does not expect the Bank of Korea to cut interest rates further this week, according to Andrew Tilton, chief Asia-Pacific economist at Goldman Sachs. Last week, Indonesian officials have warned that the room for lowering borrowing costs has narrowed due to political developments in the United States. ...

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2024-11-25 14:40:50