ab Global Research and Evidence Lab 17 April 2024 APAC Economic Perspectives Economics ASEAN: Oil, the Fed, and central bank reaction Asia functions Grace Lim Economist grace-k.lim@ubs.com +65-6495 5965 Risks to inflation and US rate cuts imply bar to easing is higher Rohit Arora Events of the past few weeks have significant implications for ASEAN central bank Strategist reaction functions. Given a resilient US economy and sticky inflation, the Fed is unlikely rohit-b.arora@ubs.com +65-6495 5232 to cut in a ...