RBNZ Leaves Key Rates on Hold

The transcript discusses the current stance of central banks, highlighting a pause in interest rate changes and modest dovish tilts. It notes global economic shifts, with uncertainties in policy directions and stable domestic indicators. Asian central banks, influenced by the Fed's hold, face less pressure to tighten rates, with some like India considering cuts.

What factors are contributing to the uncertainty in the market as mentioned in the text?

What is the implication of the Fed's current policy on Asian central banks?