Pantheon Macroeconomics

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  • The BSP eased policy further this month, cutting its
    benchmark rate by a further 25bp to 4.50%…
  • …We still see a terminal rate of 4.25%; growth
    worries are likely to continue to outweigh CPI risks.
  • Indonesian sales growth looks set to hit a 20-month
    high in November, but it may also soon hit a ceiling.

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Keywords for: 12 December 2025 Emerging Asia Monitor

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