Surprise tightening in Asia ups pressure on dovish central banks | Economic Times - Jobs World

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Saturday, July 16, 2022

Surprise tightening in Asia ups pressure on dovish central banks | Economic Times

Surprise tightening in Asia ups pressure on dovish central banks https://ift.tt/i83atvp is on countries like India who are already returning policy toward pre-pandemic levels. That’s because higher borrowing costs in the US tend to drain capital from emerging markets as money managers chase yields amid negative real rates in Asia.

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