Pantheon Macroeconomics

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18th May 2023 15:03Emerging Asia, Daily Monitor

  • The BSP finally hit the pause button yesterday, keeping the overnight reverse repo rate at 6.25%...
  • ...It left the door open for more hikes in the short run, but we see no risks to its revised 5.5% CPI call.
  • We expect the Fed to start cutting in September, giving the BSP the green light to follow suit in Q4.

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Keywords for: 19 May 2023 Emerging Asia Monitor

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