In Response to a Steady Fed, Southeast Asia Adjusts Rates to Safeguard Currencies As 2024 unfolds, the anticipation that the U.S. Federal Reserve might reduce interest rates has waned. Initially, the consensus was that a rate cut was imminent; however, four months into the year, the Fed’s updated stance suggests no rush to lower rates, supported by a stronger-than-expected U.S. economy and persistent inflation. This cautious approach by the Fed is not just a concern for analysts and investors. Central bankers globally, particularly in Southeast Asia, are scrutinizing the Fed’s moves closely. Their decisions on whether to adjust interest rates hinge significantly on the Fed’s actions to avoid adverse impacts on their own currencies. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gary Shilling: The U.S. Economy Still Faces a Recession Risk READ MORE China Resumes Gold Buying READ MORE Hoenig Cautions Against Expecting Three Rate Cuts Amid Economic Resilience READ MORE Oil Prices Slide as Fed Signals Longer High Rate Environment READ MORE Ancient 2,300-Year-Old Gold Ring Unearthed in Jerusalem READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment