Asia's Economic Tightrope: Tariffs, Rates, and the Dollar
Update: 2025-10-24
Description
Asia's economic resilience to US tariffs hangs in the balance! An IMF official warns that rising US interest rates or a strengthening dollar could cripple Asian economies already burdened with debt. While current low borrowing costs have provided a buffer, this may not last. The IMF forecasts slowing growth for Asia, emphasizing that risks lean towards further decline. Amidst these challenges, the independence of Asian central banks in managing inflation remains a crucial asset, as policymakers strategize to maintain economic stability in an increasingly uncertain global landscape.
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