Some Asia economies may need rapid rate hikes to cool inflation: IMF - CNA

TOKYO: Several Asian central banks must raise interest rates rapidly, because inflationary pressures are rising due to a global surge in food and fuel costs caused by the war in Ukraine, said a senior International Monetary Fund (IMF) official. "Asia's growin…

Most emerging Asian economies had experienced capital outflows comparable to those in 2013, when global bond yields spiked on hints by the US Federal Reserve that it might taper bond buying sooner th… [+819 chars]

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