While Asia markets may cheer a Fed pause, watchers are split on growth prospects

Monday's market pricing showed more than a 90% probability of a pause in the Fed's June meeting, according to CME's FedWatch Tool.

After the Fed raised interest rates last week in a move widely expected to be its last in its fight to bring inflation down, currencies in the Asia-Pacific cheered a potential pivot ahead as theAs of Monday morning in Asia, market pricing showed a more than 90% probability of a pause in the Fed's June meeting, according to the

"The Fed may be 'done' for now but all the DM [developed market] central banks are not," Manishi Raychaudhuri, BNP Paribas' Asia-Pacific head of equity research, said in a Saturday note.

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