Comments out on Bloomberg now 6 Dec 2017, from Moody's APAC chief creddit officer Taylor
- Some Asian central banks to also raise rates alongside the Fed
- India may be among the central banks that are cutting rates in 2018
- Sees Asia enjoying strong growth going into 2018
So far, central banks in Asia have hinted at possible rate hikes in the next year and the markets are also expecting some hikes to come from Malaysia, Taiwan, and Thailand.
On 30 Nov, the Bank of Korea moved to raise rates for the first time since 2011. I elaborated more on what that means for Asian markets here, especially when major central banks are moving towards monetary policy tightening.