The Business Times

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.

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    Central banksMonetary PolicyInflation

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