SINGAPORE: Asia's economic growth looks set to stumble over the next few months, prompting a flurry of interest rate cuts and a spike in stimulus spending that may ultimately pave the way for a strong recovery in the second half of 2012.
“The catchphrase for 2012 is the Asia yoyo,” said Rob Subbaraman, chief Asia economist at Nomura in Hong Kong. “The harder Asia's economies are hit, the stronger the tailwinds for a bounce back.”
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