Pantheon Macroeconomics

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26th Jun 2024 12:46Emerging AsiaDaily Monitor

  • The BSP’s rate hold yesterday was very dovish, and its rhetoric signals an August cut more clearly.
  • The Board has taken the opportunity offered by the rice-tariff cut to recalibrate its cautious CPI bias…
  • …Its risk-adjusted CPI forecasts are now snugly within the target range; GDP is back on the agenda.

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Keywords for: 28 June 2024 Emerging Asia Monitor

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