Deposits
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Bracing for higher interest rates
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Uneven success, infection rates are still high in Indonesia and the Philippines
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Fed cuts rates as expected, while BOJ holds rates and signals the end of ultra-loose monetary policy. China’s economy shows signs of faltering.
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Major central banks are expected to hold rates this week. Moody’s has upgraded Thailand’s rating outlook to Stable.
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Higher-than-expected reciprocal tariff rates raises downside risks to trade and economies worldwide
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Falling interest rates have helped to ease financial conditions in advanced economies since mid-2019
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The Thai processed seafood industry will see annual growth limited to rates of just 1-2% in the period 2019 to 2021 exports
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Middle East tensions persist, trade war risks rise, China’s growth remains uneven, and Thai economic slowdown keeps rates on hold.
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U.S. prepares major sanctions on Iran, raising uncertainty. In Thailand, MPC is expected to hold rates despite loan growth hitting a 3-year high.
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Trade war heightens risks to global economy, supporting central banks to cut rates this year. China still depends on economic stimulus.
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