March 27, 2026 09:17 AM GMT Asia Economics | Asia Pacific The Viewpoint: How policy responses to the energy shock could evolve Fiscal measures will likely cushion the initial 30-50% increase in international oil prices but the pass-through to domestic fuel prices will rise if oil prices stay higher for longer. However, this still does not mean that central banks in Asia will hike as much as the market is pricing in. Key Takeaways In this report, we discuss the policy response to energy shock and how it will ...