The Business Times
business-time-50

Asian central banks start hiking rates

Elysia Tan

Elysia Tan

Published Sun, Jul 10, 2022 · 02:00 PM
    • Analysts expect that the Bank of Thailand will gradually introduce interest rate hikes in the coming months, contrary to predictions before the release of the latest figures.
    • Analysts expect that the Bank of Thailand will gradually introduce interest rate hikes in the coming months, contrary to predictions before the release of the latest figures. PHOTO: REUTERS

    After lagging some OECD countries, Asian central banks have begun to follow suit in raising interest rates. As for those that have yet to tighten monetary policy, analysts expect most to change their stances soon, as inflation continues to surge.

    The Business Times looks at what central banks are doing in 8 major Asian economies.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Central banksMonetary policyInflation

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Singapore Corporate Award 2026 Best Managed Board Award gold winners, from left: Piyush Gupta, chairman, non-executive and independent director of Keppel; Teo Ming Kian, chairman of ST Engineering; Ho Kwon Ping, founder and executive chairman of Banyan Tree; Michael Ang, executive director and CEO of Tiong Woon Corporation.

    32 companies, 6 individuals bag accolades at Singapore Corporate Awards 2026

    From left: Pham Nhat Quan Anh, Pham Nhat Vuong, Pham Thu Huong and Pham Nhat Minh Hoang. The couple (centre) remain senior figures in Vingroup, with their children’s presence in the ecosystem growing.

    He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons

    A higher volume of allowable GFA, or greater flexibility in the mix of use of GFA, can significantly improve the development potential and economics of a project. 

    URA to review guidelines on floor space to give developers more design flexibility: Chee Hong Tat

    Chagee's flagship store at VivoCity. The milk-tea brand is pivoting away from a franchise-heavy structure towards greater direct ownership.

    Chagee, Mixue and Luckin won the market. Sustaining their edge is the harder part

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More