Inflation in most Asian economies to be in comfort zone by mid-2023: Morgan Stanley

10:30:00 AM, Sunday 8th of January 2023 | in business

Inflation in 90% of the economies in Asia is likely to return to their respective central banks' comfort zone by mid-2023, said Morgan Stanley, adding that a number of factors are also pointing toward an even faster pace of disinflation. The multinational investment firm said the possible return of inflation to the "comfort zone" will lead to the pausing of monetary policy tightening by central banks.