An early rate cut in the Philippines is looking increasingly likely after the country’s new central bank governor, Benjamin Diokno, told a news conference on Friday that “given the decelerating inflation in the Philippines, there is an opportunity for monetary easing”.
Meanwhile, the decision by Thailand’s Constitutional Court on Thursday to dissolve the Thai Raksa Chart Party, which has strong links to exiled former prime minister, Thaksin Shinawatra, increases the risk of political unrest ahead of elections on 24th March.
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