Asia's Central Banks Surprise: Rate Cuts and Economic Worries
Update: 2025-10-10
Description
Global markets rocked as New Zealand, Thailand, and the Philippines unexpectedly shift interest rates! Discover why New Zealand slashed rates more than expected, the Philippines surprised with a cut amid scandal, and Thailand defied expectations by holding steady. Uncover the economic woes driving these decisions, from trade tensions and political uncertainty to slowing growth and fragile confidence. Are more rate cuts coming? Find out how these moves impact currencies and what it means for Asia's economic outlook.
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