Bank Indonesia has given further hints that it is preparing to cut interest rates, but given the poor outlook for the rupiah, we think the policy rate will remain unchanged this year.
Meanwhile, confirmation that former general Prayuth Chan-ocha has been appointed for a second term as Thai prime minister secures the military’s grip on power, but political uncertainty is likely to weigh on the economic outlook for some time yet.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services