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 Gold: A Surge Toward $2,400 Looks Imminent READ MORE ZeroHedge: Arizona Joins BRICS, Druckenmiller Buys Barrick READ MORE Silver's 44 Year Cup & Handle "Now, I Believe MID TO HIGH Triple Digits Are Baked in the Cake" READ MORE The Deadline To Turn in Your Gold – May 1st, 1933 READ MORE Rising Economic Activity Challenges Central Bank Rate Cut Plans READ MORE Add a Comment Cancel replyYour email address will not be published.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