Pantheon Macroeconomics

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6th Mar 2024 18:15Emerging Asia, Daily Monitor

  • The BNM opted to hold rates at its March meeting, as inflation remains benign and growth intact.
  • It signalled that the MYR is undervalued, but we expect it not to turn to interest rates to address this.
  • The slump in Philippine sales is nearly a year old, underscoring the weakness of household budgets.

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Keywords for: 8 March 2024 Emerging Asia Monitor

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