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Asia’s Economies Avert Energy Shock Via Fiscal Buffers, AI Boom

Source: Bloomberg

Economic DataEnergy Markets & PricesFiscal Policy & BudgetGeopolitics & War

Asia’s economies (from India to Malaysia and Australia) posted solid growth last quarter despite worst-case scenarios. The article attributes resilience to faster government action to secure energy supplies and use of relatively healthy balance sheets to cushion households. Overall, the tone is constructive for near-term regional growth momentum.

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