Falling inflation and an increasingly uncertain economic outlook add weight to our non-consensus view that the central bank in the Philippines (BSP) will not tighten monetary policy in 2022.
Meanwhile, the near-term outlook for growth has taken a turn for the worse due to the arrival of Omicron, and we are nudging down our GDP growth forecasts for the first quarter of this year for several countries.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.