เงินฝาก
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Rate cuts take center stage as economic data start to slow down
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Global: Rate hike cycle will end soon; restrictive policies will continue to dampen growth
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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.
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US: Growing consumption contributes to demand-pull inflation; Fed is shifting to a more hawkish tone with aggressive rate hikes; looming risk of an economic downturn.
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Executive Summary: Growth in 2020 will be flat, while, in the medium to longer term, growth should rebound to its potential rate of 5.0-6.0% p.a.
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Executive Summary: Vietnam is likely to recover from the COVID-19 pandemic faster than regional peers and growth should rebound to its annual rate of 6.0-7.0% in the medium to longer term
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FOMC adjusts new rate forecast lower. EU hits Chinese EVs with new tariffs. Retaliation by China may trigger greater global trade protectionism
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Path to US and Eurozone rate cuts opened by cooling inflation; Chinese producer prices begin to recover on improving real estate sector
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ASEAN is exiting the pandemic-induced economic slump and each country in the region is recovering at a different pace.
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Krungsri Research now projects the outbreak would pose a negative impact to the Indonesian economy of 3.5 ppt, at the same magnitude as Singapore
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