The Week Ahead: Asian monetary policy, US-Taiwan Monterey Ta

In focus this week is the response of Asian central bankers to the 75-basis-point increase in the benchmark federal funds rate by the US Federal Reserve, as well as developments in the US-Taiwan annual security talks, referred to as the Monterey Talks. With the US Federal Open Market Committee (FOMC) having raised the key rate to a target of between 1.5% and 1.75%, in its largest hike for a single meeting dating back to 1994, all eyes will be on how Asian central banks react as China, Indonesia and the Philippines will be releasing their respective monetary policy decisions.

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