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Asia's central banks likely to hold as Fed maintains rates despite dissent

Lucas Cacioli
The Federal Reserve's split decision to maintain rates, with two members voting for cuts, suggests policy easing may come in September. Meanwhile, experts believe Asian central banks will likely preserve their rate differentials despite low regional inflation.
Asia's central banks likely to hold as Fed maintains rates despite dissent

The Federal Reserve's decision to leave rates unchanged is reinforcing Asian central banks’ cautious stance and boosting the likelihood that policymakers will also hold steady, despite relatively low inflation in some markets.

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