Asian Development Bank President Sees Room For Central Banks in Asia to Lower Policy Rates Further

The Asian Development Bank forecasts slower growth and rising inflation in Asia, posing challenges for central banks. While some countries have room to lower interest rates, China's high debt limits its options. Trade tensions with the US affect Asia, but resilience and redirected supply chains offer some stability. Asian governments are investing in infrastructure to counter economic downturns, but growing debt raises financial vulnerability concerns.

In what ways are Asian governments responding to the economic downturn through fiscal policies?

What concerns arise from growing debt levels in Asia regarding financial vulnerabilities?