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Henry Wibowo

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southeast asian economies poised for growth amid us federal reserve rate cuts

The U.S. Federal Reserve's recent interest rate cuts are expected to benefit Southeast Asian economies, particularly Indonesia and Thailand, by boosting portfolio inflows and commodity prices. Central banks in these countries are likely to follow the Fed's lead, with Indonesia already cutting rates for the first time in three years. The Thai baht has strengthened, prompting calls for further rate cuts to stimulate investment and address high household debt.
CNBC
Malaysian Ringgit Indonesian Rupiah United States Dollar Singapore Dollar Thai Baht Warburg Pincus Asset Management LP Fitch Ratings Inc. JPMorgan Chase & Co. IDN THA USA Saurabh Agarwal Henry Wibowo Pichai Naripthaphan David Sumual Show more
Finance & Economy, Market Report
00:01 01.11.2024
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