Asia Rapid Response Philippines Monetary Policy Announcement (April) The central bank in the Philippines (BSP) today left its main policy rate unchanged (at 6.50%), but sounded more hawkish than we had expected on inflation. Accordingly, we are pushing back the timing... 8th April 2024 · 2 mins read
Asia Rapid Response Indonesia Policy Rate (March 2024) Interest rates left unchanged, first rate cut in June Bank Indonesia left its policy rate on hold at 6.00% at its scheduled meeting today, and hinted at cuts later in the year. With inflation under... 20th March 2024 · 2 mins read
Asia Rapid Response Thailand GDP (Q4) Thailand’s economy contracted in Q4 due to weaker domestic demand. Looking ahead, we expect steady, if unspectacular, growth this year with a further rebound in tourism and strong government spending... 19th February 2024 · 3 mins read
Asia Rapid Response Indonesia GDP (Q4) The national accounts data released today suggest that economic growth remained broadly stable last quarter, but we don’t have much faith in the official data. With economic activity likely to remain... 5th February 2024 · 2 mins read
Asia Rapid Response Taiwan GDP (Q4) GDP growth in Taiwan accelerated further in Q4, and we expect growth to remain strong over the coming quarters, with robust growth in exports of products linked to AI set to more than offset the drag... 31st January 2024 · 2 mins read
Asia Rapid Response Philippines GDP (Q4) GDP growth remained well above trend in Q4 but we don’t expect this strength to last as the deceleration in credit growth feeds through to domestic demand while the external sector continues to... 31st January 2024 · 2 mins read
Asia Rapid Response Korea GDP (Q4) Economic growth in Korea held up better than expected in Q4 but we expect the economy to grow below trend over the next couple of quarters as export growth softens in near term while tight fiscal and... 24th January 2024 · 2 mins read
