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Report: The United States will be a key factor shaping Asia's macro outlook in the coming months

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2024-09-03 03:53:29
Morgan Stanley economists said in a report that U.S. economic growth and Federal Reserve policy will be key factors affecting Asia's macro outlook in the coming months.
Its base case is for a soft landing in the US, with the Federal Reserve cutting interest rates by 175 basis points by mid-2025. It expects GDP growth in Asia to remain around 4.3 per cent over the next four quarters and is optimistic about India, Japan, Indonesia and South Korea.
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