Goldman Sachs: Due to the risk of US tariffs, it is expected that the pace of interest rate cuts in Asian countries will slow down.

According to Jinse Finance, Goldman Sachs Group stated that due to the strength of the US dollar and the risk of tariff imposition by the Trump administration, Central Banks in various Asian countries will proceed cautiously with further easing policies. Andrew Tilton, Chief Asia-Pacific Economist at Goldman Sachs, stated that Goldman Sachs expects the Central Bank of South Korea not to further reduce interest rates this week. Last week, Indonesian officials warned that the space for lowering lending costs has narrowed due to the political situation in the United States. Tilton said, 'With tariffs possibly on the horizon, coupled with the US dollar approaching its highest level in decades, we believe the pace of interest rate cuts will be quite slow. I think the US dollar is also one of the important influencing factors, as exchange rate and exchange rate stability are crucial for Central Banks in various Asian countries.'