Higher Rates Remain a Risk for Emerging East Asia Borrowers
MANILA, PHILIPPINES (11 September 2023) — Governments and central banks in emerging East Asia need to stay vigilant to guard against potential financial risk associated with higher interest rates, according to a report by the Asian Development Bank (ADB). Softening inflation in the past several months has allowed most central banks in the region to hold off on further interest rate hikes, and some have … Continue reading Higher Rates Remain a Risk for Emerging East Asia Borrowers