IMF warning: Major Asian central banks should not overly rely on the policy direction of the Federal Reserve

The IMF has issued a warning to central banks in Asia, advising them not to focus too much on the actions that the Federal Reserve may take when formulating their own monetary policies. The IMF's Asia-Pacific director pointed out that the US monetary policy has a strong and direct impact on the financial conditions and exchange rates in Asia. He warned that if central banks in various countries closely follow the Fed's policies, it may disrupt their own price stability. It is recommended that central banks formulate policies based on their own circumstances and avoid excessive reliance on expectations of future actions by the Federal Reserve