S&P Global Ratings published its latest economic outlook, "Economic Outlook Asia-Pacific Q1 2026: Signs of Relief," forecasting limited scope for further interest rate cuts in the region in 2026. The report anticipates that Asia-Pacific central banks, which have already lowered rates in 2024 and 2025, will have less room to maneuver. For the United States, S&P expects three additional 25-basis-point rate cuts by the end of 2026, which would bring the rate to a range of 3.00% to 3.25%. The report raised its 2026 GDP growth forecast for China to 4.4 percent, citing lower U.S. tariffs as a key factor. For the rest of the Asia-Pacific region (excluding China), the GDP growth forecast for 2026 was revised upward by 0.2 percentage points to 4.2 percent. This adjustment is based on an improved outlook for technology exports and a favorable outcome from U.S.-China negotiations, though a broader slowdown from U.S. tariffs and slower global growth is still anticipated.