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IMF warns of slowing Asian growth, spillover from rising yields
BANGKOK: The International Monetary Fund on Thursday projected Asia’s economic growth would moderate next year and warned of heightening risks from the Iran war-induced energy shock, a potential correction in the AI boom and spillovers from rising global bond yields. In a report on the outlook for the Asia-Pacific region, the global lender also said uncertainty over the US monetary policy path could keep Asian financial markets volatile. “Exchange rates and capital flows have become more volatile since the energy shock this year,” with several emerging economies experiencing depreciation pr...
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