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Weak PMI readings for Europe add to recession concerns

- Central banks continued to hike to address inflation (Philippines, Norway in session). Moves recirculate recession concerns and raise second thought ....

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BI maintains benchmark rate at 3.5 percent

Bank Indonesia (BI) decided to maintain the benchmark rate, or BI 7-Day Reverse Repo Rate (BI7DDR), capped at 3.5 percent.

The deposit facility interest . ....

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CGS-CIMB: Malaysia's economic outlook remains intact despite Fed's aggressive rate hike | Money

KUALA LUMPUR, May 6 ― Malaysia’s economic outlook remains intact despite the US Federal Reserve’s (Fed) aggressive rate hike move, said CGS-CIMB. The Federal Open Market Committee (FOMC) raised the target range for the federal funds rate (FFR) by 50 basis points (bp) at its meeting on May. ....

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Indonesia CB Holds Rates Unchanged As Expected

(RTTNews) - Indonesia s central bank left its key interest rate unchanged on Tuesday and lowered the growth forecast for this year amid high uncer. ....

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BI to maintain benchmark rate at 3.5 percent

Bank Indonesia (BI) decided to maintain the benchmark rate, or BI 7-Day Reverse Repo Rate (BI7DDR), capped at 3.5 percent, at the Board of Governors' . ....

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