Inflation moderating in Asia, central banks may start cutting interest rates by Q4 2023: Morgan Stanley Report
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Inflation in Asia is moderating and the central banks in the region are likely to cut interest rates to support economic growth come the fourth quarter of 2023 (October-December), Morgan Stanley said in a report. The global investment banking firm said Asia's inflation has already peaked in September 2022 and is on the disinflation path.