IMF Says Asia Can Cut Rates to Cushion Economy From Tariff Shock

The International Monetary Fund said Asian central banks generally have room to lower interest rates to support domestic demand and offset the impact of the escalating global trade war, with the region in much stronger shape than before the Asian financial crisis.

- Bloomberg

WASHINGTON:

Inflation in the region is at par or even below central banks' target ranges, which should allow more monetary easing, IMF Director of the Asia and Pacific Department Krishna Srinivasan told Bloomberg Television's Haslinda Amin, on Friday.