Economics
India, Philippines to Cut as Thailand Waits: Rate Decision Guide
- Asian central banks decide on rates amid heightened risks
- China’s currency move adds to Asia central bank ‘headaches’
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Central banks in emerging Asia are poised to cut interest rates as they bolster their economies against a wave of global threats.
India and the Philippines are expected to cut rates by 25 basis points this week. Thailand, which is likely to keep borrowing costs unchanged on Wednesday, may signal its willingness to ease going forward.