The International Monetary Fund on Thursday warned that Asia's economic growth is likely to moderate next year as an energy shock triggered by the Iran war, a potential correction in the artificial intelligence boom and rising global bond yields pose growing risks to the region's outlook, according to a report by Reuters.
In its latest Asia-Pacific regional economic outlook, released during the IMF's annual meetings in Bangkok, the global lender also cautioned that uncertainty over the US monetary policy path could keep Asian financial markets volatile, with exchange rates and capital flows facing increased pressure.