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18th Dec 2024 13:59Emerging AsiaDaily Monitor

  • Bank Indonesia and the Bank of Thailand stood pat on rates yesterday, in line with market expectations.
  • BI’s anxiety over the IDR is probably a red herring, and fiscal policy is in no position to provide support.
  • Pay more heed to the BoT’s increasingly worried tone, not its still-rosy GDP forecasts for 2025.

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Keywords for: 19 December 2024 Emerging Asia Monitor

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