Morning Shot: Will the Fed rate cut give China room to ease?

Since the US Federal Reserve officially kicked off a rate-cutting cycle, analysts have weighed in to say that China and other Asian economies are likely to see more room to carry out easing policies and boost growth. The US Federal Reserve announced a cut of its benchmark borrowing rate by half a percentage point, bringing its range to between 4.75 and 5 per cent in light of the progress on inflation and the balance of risks. How much impact will it have on China's ongoing economic growth and market stability, as the world's second-largest economy remains on a growth track with a slew of policy measures set to further boost the rebound? On this episode of Morning Shot, Erica Tay, Director of Macro Research at Maybank shares his insights. Presented by: Audrey SiekProduced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg)Photo credits: BloombergSee omnystudio.com/listener for privacy information.