Global Datanote: Bank Indonesia Decision

• In one line: A genuine surprise; at least three more cuts this year.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Bank Indonesia Decision

• In one line: An anti-climactic end to the year.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Bank of Thailand Decision

• In one line: A pause that will probably hold for the first few meetings in 2025.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Reserve Bank of India Decision

• In one line: A halfway-house approach in response to the grim Q3 GDP.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Bank Indonesia Decision

• In one line: Spooked by Trump’s win.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Bank Indonesia Decision

• In one line: Expect easing to resume in November.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Bank of Thailand Decision

• In one line: The overdue turn we’ve been waiting for; expect another follow-up cut in December.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Reserve Bank of India Decision

• In one line: No cut, but the sea change in policy is here.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Central Bank of the Republic of China (Taiwan) Decision

• In one line: Heating housing market concerns continue to haunt the CBC.

Moorthy Krshnan (Senior Asia Economist)Global

Global Datanote: Bank Indonesia Decision

• In one line: Front-running a near-certain cut by the Fed later today; at least one more to come in Q4. 

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Bank Negara Malaysia Decision

In one line: Decisively less hawkish on inflation.

Moorthy Krshnan (Senior Asia Economist)Global

Global Datanote: Bank Indonesia Decision

• In one line: Still sticking to our call for Q4 easing, but a September move can’t be ruled out.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Bank of Thailand Decision

• In one line: Still believe that cuts are just around the corner.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Reserve Bank of India Decision

• In one line: Keeping up the inflation-fighting talk.

Miguel Chanco (Chief EM Asia Economist)Global