Oil spike raises inflation risks for Asia’s import-dependent economies: Strategist
Howe Chung Wan, Managing Director and Head of Asian Fixed Income at Principal Asset Management, says sustained oil prices near US$100 could strain Asia’s oil-importing economies and lift inflation, though central banks are likely to respond cautiously amid rising global uncertainty.
Howe Chung Wan, Managing Director and Head of Asian Fixed Income at Principal Asset Management, says sustained oil prices near US$100 could strain Asia’s oil-importing economies and lift inflation, though central banks are likely to respond cautiously amid rising global uncertainty.