Moody’s: Asia-Pacific economies to see a rebound in growth
Moody’s Investors Service is out with its latest assessment of the Asia-Pacific economies, offering a stable outlook on the region.
“Most will rebound, helping to support debt stabilisation at higher levels than pre-pandemic,” Moody’s said in its report.
Market reaction
The Asian stocks are a big bag in the final trading day of the week, thus far. The S&P 500 futures are 0.16% higher on the day, despite the looming inflation fears.