A Chance to put a brake on interest-rate hikes

01 April 2019

Research

Central Banks in Asian Emerging Markets Appear Set to Dump They Hawkish Policy Strances. Inflation is subdued, currencies have rebounded and the U.S. Federal reserve has shifted to a pause in its tightening cycle. That Gives Asian Developing Nations from India to Indonesia a Chance to Put a brake on Interest-Rate Hikes and Possibly Start Signaling Cuts. (Bloomberg) Thailand, Poland and Brazil are all expected to leave their benchmark interest rates on hold wednesday as policy makeers adjust to the fed’s new dovish stance. Meantime, Indonesia will probably report that economic growth slowed in the fourth quarter, and mexico may post a drop in consumer confidence in January after surprising to the upside in President Andres Manuel Lopez Obrador`s First Month in Office. (Bloomberg) Source: Danareksa Sekuritas Debt Researchphoto by Aditya Indrajaya