We forecast the global economy to grow by 2.9% in both 2025 and 2026 (previously 2¾% in both years).
Insight
December 10, 2015
Essential Asia: Interest in Interest
With U.S. interest rates on the rise, the focus for Asia is likely to shift to the relative ability to cope. Key highlights: With the U.S. Federal Reserve embarking on a path to rate normalization, the focus in Asia is likely to shift to which economies are best placed to cope. Asia is likely to […]
With U.S. interest rates on the rise, the focus for Asia is likely to shift to the relative ability to cope.
Key highlights:
- With the U.S. Federal Reserve embarking on a path to rate normalization, the focus in Asia is likely to shift to which economies are best placed to cope.
- Asia is likely to see slowing but decent 6% growth; its healthy current account balances and strong FX reserves positions though should enable the impact of outflows to be contained.
- The relative growth and inflation outlooks put India ahead of the pack on both fronts, in addition to the INR’s very healthy positive carry over the USD.
- We updated our 2016 Asian FX forecasts and also added a focus piece on Taiwan elections.
For full analysis, download report: Essential Asia: Interest in Interest (PDF, 527 KB)
