(Bloomberg) -- India, South Korea and Indonesia will start raising interest rates from early next year as Asia’s economies show signs of recovery, according to Goldman Sachs.
“Growth data is showing faster than expected improvement across the region,” Goldman Sachs chief Asia-Pacific economist Michael Buchanan and others wrote in a note to clients today. “All central banks across the region have now ended their monetary easing cycles and may start to consider ‘exit strategies’ over the next year.”
http://www.bloomberg.com/apps/news?pid=20601087&sid=ag1y0dXMAajI
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