Pantheon Macroeconomics

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22nd Nov 2023 18:47Emerging Asia, Daily Monitor

  • BI stood pat yesterday after October’s surprise hike; we maintain that easing is just around the corner.
  • We no longer expect a fourth 50bp rate cut from the SBV, with M2 growth now clearly turning a corner.
  • Jump in Singaporean inflation in October should not distract from a likely sharp drop in November.

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Keywords for: 24 November 2023 Emerging Asia Monitor

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