Asia, and in particular Southeast Asia, could stand out as an economic outlier as the global economy descends into a possible recession next year, economists.
DBS Bank Ltd. of Singapore sees the Bangko Sentral ng Pilipinas (BSP) raising interest rates by at least 75 basis points more this year as it continues to combat rising inflation.
Thailand’s finance minister says his country is in no hurry to raise rates in order to narrow its gap with rising U.S. interest rates, but not all economists.
Thailand’s finance minister says his country is in no hurry to raise rates in order to narrow its gap with rising U.S. interest rates, but not all economists.