AsiaThe Fed's cautious stance on future rate cuts sent most Asian currencies reeling Thursday.
We don't think the domestic interest rate policy would be heavily influenced by Fed's interest rate decision — whether in the short term or long term," said Edmund Goh, head of China fixed income at Abrdn.
India's newly-appointed central bank governor Malhotra said he will look to uphold stability and continuity in policy in his role.
Like many of its Asian peers, Korea's central bank is trying to strike a balance between supporting its currency while bolstering growth.
Swiss National BankSwitzerland's central bank has been steaming ahead with its rate cuts, last week surpassing expectations with a bumper 50-basis-point reduction, taking its main rate to 0.5%.
Persons:
Jerome Powell, Kevin Lamarque, Donald Trump —, Qian Wang, Kazuo Ueda, Richard A, BOJ, Naoki Tamura, Shigeto Nagai, Edmund Goh, Hao Zhou, Sanjay Malhotra, Malhotra, Dhiraj Singh, Dhiraj Nim, Chong, BOK, Christine Lagarde, Jana Rodenbusch, Matthew Ryan, Ryan, Ryan —, Martin Schlegel, CNBC's Carolin Roth, Andrew Bailey, Hollie Adams
Organizations:
Federal, Fed, Committee, Reuters, U.S . Federal, Vanguard, CNBC, greenback, South Korean, U.S ., Bank of Japan, Brooks, Getty, of Japan, Oxford Economics, U.S, People's Bank of China, Analysts, Guotai, Reserve Bank of India, Bloomberg, Getty Images Bloomberg, Getty Images Reserve Bank of India, India FX, ANZ, FX, Bank of Korea, Bank of, Standard Chartered Bank Korea, National Pension Service, Swiss, European Central Bank, Central Bank, ECB, Trump, Swiss National Bank, Bank of England, City of, Getty Images Bank of England
Locations:
Washington , U.S, Asia, Pacific, Tokyo, Japan, China, Abrdn, Mumbai, India, Bank of Korea South, Bank of Korea, Central, Frankfurt, Germany, New, City, City of London