RBA, RBI And BoT Won’t Change Interest Rates For Now: MS

The central banks of Australia, India and Thailand won’t change interest rates this week, though India and Australia could announce further cuts in rates in September and November respectively, suggests Morgan Stanley. In their “Asia / Pacific Weekly Preview” research note, analyst Derrick Y. Kam and his team explain that they anticipate Indonesia will report a deceleration in growth.

Australia could prune interest rates to 1.75% in November

Kam and colleagues expect the Reserve...

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