BFM: The Business Radio Station

Why Rates Expected at 3% for Rest of the Year

31-Jan-12 09:18

[ Programme Segment: Market Watch ]

Market Watch Podcasts

Wu Kun Lung, Economist at Credit Suisse, Singapore talked about... 

- US' Q4 GDP disappointing at 2.8%, below the consensus 3% - what that means for us

- Thailand's rate cut by 25 bps, India cut cash reserve ratio by 50bps while Indonesia is expected to leave interest rates at 6% in Feb

- Central Bank governor's comment that rates are still "accommodative" 

- why Credit Suisse expects rates to remain at 3% for the rest of the year 

Duration: 4m 36s   Filesize: 1.59 Mb

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