Pantheon Macroeconomics

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12th Jun 2024 17:54Emerging AsiaDaily Monitor

  • The CBC made no change to its policy rate yesterday, but raised its RRR by 0.25pp...
  • ...To stymie the flow of credit to the property sector, which has brushed off previous cooling measures.
  • We expect the CBC to stay on hold, but upside risks to inflation might provoke another hike in Q3.

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Keywords for: 14 June 2024 Emerging Asia Monitor

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