Federal Reserve officials penciled in just one interest-rate cut this year, and may forecast moderate cuts for 2025. This reinforces policymakers’ calls to keep borrowing costs high for longer to suppress inflation.

What does this mean for Asian fixed income markets, and what's the impact on Asian currencies?

Low Guan Yi, Head of Fixed Income, Asia Pacific, M&G Investments shares more insights.

Presented by Willie Keng

Produced and edited by Audrey Siek