Search

Global growth is slowing down; IMF slashed global growth outlook amid higher inflation, rising interest rates, Ukraine war, and China’s strict covid policy

US: Robust domestic spending and high inflation risks suggest Fed would keep pace of policy tightening; more aggressive move could increase risk of a hard landing.

In 2Q20, US GDP shrank by 32.9% QoQ annualized, the largest contraction since 1947, reflecting the devastating impact of the lockdown

US: March rate hike is a done deal, possibly five hikes this year, given more persistent inflation, rapidly-rising wages, and a solid job market.

"Global: The storm has passed, but the danger has not US: Economy gains momentum, raising hopes for a stronger recovery ahead."

How will Thailand fare when the major economies tighten monetary policy?​

The domestic market for medical devices will expand through 2021 at a rate that will closely mirror that of a year earlier, while exports will continue to enjoy strong growth, and although the severity of Thailand’s 3rd wave of Covid-19 infections has temporarily closed the market for medical tourism and severely undercut the number of domestic patients seeking treatment for less severe conditions, demand for single-use consumables