Pantheon Macroeconomics

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24th May 2022 00:10Emerging Asia, Daily Monitor

Policy events have moved in favour of reluctant RBI hawks, bolstering the case for a June pause...

...But the fuel tax cut and the end of Indonesia’s palm oil ban are trivial in terms of the big picture.

We have lowered our 2022 average inflation forecast only minimally, to 7.2%, from 7.5%.

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