2024 is the year of the rate cut pivot — here's when the world's central banks will budge
While rates in most economies are set to remain elevated in 2024, economists expect a mild rollback late this year, said EIU.
Source: nbcnewyork.com
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Indonesia Central Bank Stands Pat, Eyes Easing Later This Year -- Update
By Ying Xian Wong Indonesia's central bank stood pat at its February policy meeting, reiterating plans to start easing this year if inflation stays well-behaved, economic growth resilient and...
Source: marketscreener.com
South Korea's Economy Shrank for the First Time in Two Years, But Growth Is Expected From China's Reopening
South Korea’s economy saw the first quarterly contraction since the second quarter of 2020, according to advance estimates released by the central bank.
Source: nbclosangeles.com
Singapore, Hong Kong, Thailand to benefit aplenty after China reopening
Hong Kong, Thailand and Singapore will likely be the biggest beneficiaries as China drops its Covid restrictions and reopens its economy, driving up demand for imports and overseas travel, according to Goldman Sachs Group Inc.
Source: thestar.com.my
China's reopening may boost Hong Kong's GDP by 7.6%, Goldman says
Hong Kong, Thailand and Singapore will likely be the biggest beneficiaries as China drops its Covid-19 restrictions and reopens its economy, driving up demand for imports and overseas travel, according to Goldman Sachs Group Inc.
Source: theedgemarkets.com