Pantheon Macroeconomics

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18th Dec 2024 18:36Emerging AsiaDaily Monitor

  • The BSP lowered the target reverse repo rate for a third straight meeting, by 25bp to 5.75%…
  • …While maintaining its goal of “less restrictive” policy, despite expecting higher inflation next year.
  • We expect average inflation to fall further in 2025, opening the door wide to 100bp more cuts.

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Keywords for: 20 December 2024 Emerging Asia Monitor

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