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Surprise Asia Rate Decisions Signal Growing Economic Unease
Yahoo Finance· 2025-10-10 02:04
(Bloomberg) — Three central banks over two days surprised markets and economists this week with unexpected interest rate decisions, each flashing warning signs over growth in the coming months and stirring uncertainty over the path of policy. New Zealand cut its key rate by 50 basis points Wednesday, twice as large as most analysts had forecast, on economic activity and business sentiment that came in worse than expected. Most Read from Bloomberg Thailand stood pat later in the day, even though poor eco ...