What the US rate cut means for Asia

The US Federal Reserve surprised everyone last week by cutting interest rates by 50 basis points. FinanceAsia asked senior economists what they thought the implications would be for Asia.

FinanceAsia did a survey recently of what senior economists think the US rate cut will mean for Asias prospects.

Firstly, no one is predicting a recession, but they pointed out that Asian export growth is falling faster than expected. Geoffrey Barker, chief economist, HSBC explains Capital flows have changed because of rising US interest rates and greater risk aversion on the part of fund managers. Tightening liquidity conditions and slowing exports are going to hit where there...

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