Pantheon Macroeconomics

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20th Sep 2023 20:41Emerging Asia, Daily Monitor

  • The BSP held the ORR rate at 6.25% yesterday, but raised its CPI forecasts marginally...
  • ...Remolona came out against cuts any time soon, but another poor GDP print should sway things.
  • BI stood pat too, keeping the 7-day reverse repo rate at 5.75%; we continue to see a December cut.

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Keywords for: 22 September 2023 Emerging Asia Monitor

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