Fed pause doesn't mean Asia will follow, BlackRock says

BlackRock's Navin Saigal says Asia-Pacific central banks face different growth, inflation, currency, and external pressures than the Fed, creating diversification opportunities in Asian bond markets. RHB warns a potential MSCI downgrade of Indonesia could slow 2027 growth to 4.5% in a stress scenario. ECB commentary suggests a pause this week with a possible December hike if gas prices stay elevated.