This will be the first growth print since Thailand's central bank started its rate-cut cycle to help boost the economy. INDONESIAIndonesia's central bank is likely to stand pat on Wednesday after kicking off its easing cycle in September but hitting a pause in October. CIMB analysts think Bank Indonesia could focus on cementing the rupiah's stability. Considering the impact Trump's first presidency had on the country's trade, the central bank could err on the side of caution, they said in a note. UOB economists expect Bank Indonesia to stand pat in November but continue its easing cycle in December with a 25-basis-point rate cut.
Source: Wall Street Journal November 18, 2024 00:16 UTC