Interest Rate Cuts Are Dead. Long Live Rate Cuts
An employee handles Indonesian 50,000 rupiah banknotes at a PT Ayu Masagung currency exchange in Jakarta, Indonesia. (Photographer: Dimas Ardian/Bloomberg)

Interest Rate Cuts Are Dead. Long Live Rate Cuts

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(Bloomberg Opinion) -- Interest rate cuts are becoming passe in important parts of Asia. The main game is now the expansion of monetary policy into arenas once considered off-limits for responsible...
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