Chetan Ahya: What Would Trigger Rate Hikes in Asia?

This podcast episode delves into the dynamics of Asian central banks' monetary policies amidst global economic uncertainties, emphasizing Asia's relatively mild inflation challenge and the consequent absence of immediate needs for rate hikes. However, rate cuts anticipated in Q4 2023 may be delayed to Q1 2024. Renewed rate hikes in Asia are possible if U.S. inflation remains high or if there is a sharp depreciation of Asian currencies. Economies like India, Korea, Philippines, and Thailand are seen as potentially more vulnerable to these pressures.