AMRO：2024年东盟与中日韩金融稳定报告：提升韧性 应对未来挑战（英文版）

Relative to the situation during the launch of the inaugural ASEAN+3 Financial Stability Report (AFSR) 2023, global financial conditions initially eased as the end of the central banks' tightening cycle appeared in sight (Figure E.1). However, conditions tightened again as risks surrounding the United States (US) growth outlook emerged, with market participants navigating the bifurcated risks of US growth and inflation. Initially, the primary concern was persistently high inflation—or, in