Pantheon Macroeconomics

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13th Dec 2023 18:54Emerging AsiaDaily Monitor

  • The Bangko Sentral ng Pilipinas left its target reverse repo rate at 6.50% this month, as expected.
  • The Board’s statement still sounds very hawkish, but we think this facade is starting to crumble…
  • …Governor Remolona has been MIA, and we see no belief behind their 4.2% inflation forecast for 2024.

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Keywords for: 15 December 2023 Emerging Asia Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence