- Analytics
- News and Tools
- Market News
- Senior IMF official: Escalation of Middle East conflict to affect oil prices, impacting many Asian countries
Senior IMF official: Escalation of Middle East conflict to affect oil prices, impacting many Asian countries
The Director of the International Monetary Fund (IMF) Asia and Pacific Department warned on Wednesday, “the escalation of Middle East conflict to affect oil prices, impacting many Asian countries.”
Additional quotes
“Asian central banks may see scope to loosen monetary policy later this year as inflation moderates.”
“Average inflation in Asia fell to 2.6% in 2023 from 3.8% in 2022, with particularly swift progress in emerging economies.”
"Many regional central banks are on course to reach their inflation targets in 2024. Provided policymakers hold steady until inflation is firmly reanchored, scope for monetary easing may emerge later in the year.”
“Divergences ... China's near-zero price growth last year "fueling concerns about deflation ... and Japan's inflation will likely remain above the central bank's 2% target until 2025.”
“There is a risk that divergent monetary stances in the United States and in Asia would trigger sharp exchange rate movements also this year.”
“Escalation of Middle East conflict could affect oil prices, impacting many Asian countries.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
