Pantheon Macroeconomics

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29th Mar 2023 14:40Emerging Asia, Daily Monitor

  • The BoT raised the policy rate by a further 25bp, to  1.75%, against our expectation for a surprise hold…
  • …But the MPC simply has ignored the recent data;  core inflation is collapsing, far from still “elevated”.
  • The MPC remains overly rosy on growth, showing  no regard for the limitations of the tourism recovery
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Keywords for: 30 Mar 2023 Emerging Asia Monitor

core inflation, mpc, policy, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence