Report: The United States will be a key factor influencing the macro outlook of Asia in the coming months

2024-09-03 11:46:20
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ChainCatcher news, Morgan Stanley economists said in a report that in the coming months, U.S. economic growth, Federal Reserve policy, and other factors will be key influences on the macroeconomic outlook for Asia.

Their basic forecast is a soft landing for the U.S. economy, with the Federal Reserve expected to cut interest rates by 175 basis points by mid-2025. The institution anticipates that GDP growth in Asia will remain around 4.3% over the next four quarters, and holds an optimistic view on India, Japan, Indonesia, and South Korea. (Jin Ten)

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