Our view for the global economy is unchanged – we expect global economic growth to slow to 2.9% in 2024
Insight
May 20, 2015
Essential Asia: Policy Bear Pa(w)se
A macro strategist’s view on Asian economies and markets
- The RBA, RBI and MAS have decided to take a pause in their latest monetary policy decisions.
- China and Thailand are the exceptions. China cut the RRR by 100bp and Thailand surprised with a 25bp rate cut.
- Risk appetite built up across emerging markets as investors switch from bonds to equities.
- US$ strength ahead could be more gradual and accordingly, we revise our Asian FX forecasts.
For full analysis, download report: Essential Asia: Policy Bear Pa(w)se (PDF, 523 KB)
