INCHEON, South Korea : Inflation is cooling rapidly in countries including Indonesia but policymakers should consider diverse factors driving the price changes after rapid rises last year, the country's finance minister told Reuters on Wednesday.
But policymakers remain wary that price pressures could remain persistent - both Australia and Malaysia surprised markets with unexpected rate hikes this week. She was speaking on the sidelines of the Asian Development Bank's annual meeting in South Korean city of Incheon.
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