Read 3 articles daily and stand to win ST rewards, including the ST News Tablet worth $398.
Spin the wheel for ST Read and Win now.
Central banks adjust interest rates in orderly, deliberate ways to fine-tune economies, except when they veer abruptly and inspire more panic than confidence.
Wednesday's surprise easings in Thailand, India and New Zealand exemplify the latter, a preview of the economic disruption to come in Asia as the United States-China friction intensifies.
Please subscribe or log in to continue reading the full article.
*Terms and conditions apply.
Join ST's Telegram channel here and get the latest breaking news delivered to you.
We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. Until we resolve the issues, subscribers need not log in to access ST Digital articles. But a log-in is still required for our PDFs.