Pantheon Macroeconomics

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23rd Mar 2023 16:12Emerging Asia, Daily Monitor

  • The BSP shifted down to a smaller 25bp ORR rate hike yesterday, to 6.25%, as widely expected...
  • ...We continue to believe that this will be the last rise; Medalla’s rhetoric gave clearer hints for a Q2 pause.
  • The base-effect drag on inflation will turn persistent and global non-core trends remain very favourable.

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Keywords for: 24 Mar 2023 Emerging Asia Monitor

q2, rate hike, bsp, asia, orr, rates, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence