Analyst Pin-board The Indo-Pacific Economic Framework for Prosperity (IPEF)
- US President Biden announced the formation of the Indo-Pacific Economic Framework for Prosperity (IPEF) while travelling to Seoul and Tokyo the week of May 23-26.
- Two central banks in Asia have raised interest rates by 25 basis points lately: the Central Bank of the Philippines and the Bank of Korea. Both of them are extensively fighting domestic inflation that's occurring at the moment. In reality both of them want to support their currencies.
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