Pantheon Macroeconomics

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5th Jun 2025 18:06Emerging AsiaWeekly Monitor
  • The RBI surprised with a larger 50bp cut to the repo rate, to 5.50%, but hardened its stance to “neutral”.
  • We still expect one more 25bp cut, in October, with the MPC underestimating the “space” it has left.
  • Ignore Vietnam’s smaller trade surplus in May; the front-loading of exports to the US continues apace.

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Keywords for: 9 June 2025 Emerging Asia Monitor

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