Asia Rapid Response Rate cuts likely from June 2024 Taiwan’s central bank (CBC) left its policy rate unchanged again today, but with economic growth set to slow sharply and inflation on its way down, we expect the CBC to start cutting rates from June. 14th December 2023 · 4 mins read
Asia Rapid Response Philippines GDP (Q3) GDP rebounded strongly in the third quarter of the year but we don’t expect this strength to last as high interest rates and weaker global growth lead to renewed economic weakness in the near term. 9th November 2023 · 4 mins read
Asia Rapid Response Indonesia GDP (Q3 2023) Figures released today suggest that economic growth remained broadly stable last quarter, but we don’t have much faith in the official data. Our own in-house activity tracker shows that the economy is... 6th November 2023 · 4 mins read
Asia Rapid Response Malaysia Monetary Policy Decision (November) Despite the sharp downward pressure on the ringgit, Malaysia’s central bank (BNM) left policy rates unchanged (at 3.0%) today. We expect the central bank to keep the policy rate on hold for the rest... 2nd November 2023 · 4 mins read
Asia Rapid Response Philippines Monetary Policy Announcement The central bank (BSP) in the Philippines today raised its main policy rate by 25 bps (to 6.50%) in an out-of-cycle interest rate decision. While we had expected an interest rate hike at the upcoming... 26th October 2023 · 6 mins read
Asia Rapid Response Korea GDP (Q3) Economic growth in Korea was stronger than expected in Q3 but we think the economy is set to weaken in the near term as support from external demand fades while tight fiscal and monetary policy... 26th October 2023 · 3 mins read
