Pantheon Macroeconomics

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7th Feb 2024 18:57Emerging AsiaDaily Monitor

  • The RBI’s MPC voted 5-to-1 to keep the repo rate at 6.50%, but Mr. Varma’s dissent is no real surprise.
  • We still expect a Q2 cut; Q4 GDP likely will fall short of the MPC’s forecast and 4% inflation is imminent.
  • The BoT stood pat on Wednesday, as expected, but telegraphed a big cut to its 2024 growth forecast.

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Keywords for: 8 February 2024 Emerging Asia Monitor

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