Board agreed financial conditions need to be restrictive

Board agreed financial conditions need to be restrictive

The Reserve Bank of Australia (RBA) published the Minutes of its March monetary policy meeting this Tuesday, which showed that board members agreed that further tightening would likely be needed. Additional takeaways: The board agreed that financial conditions needed to be restrictive.Members agreed that further tightening would likely be needed, but differed on the timing.Oil […]

Weak output and energy shock weigh – Commerzbank

Weak output and energy shock weigh – Commerzbank

Commerzbank highlights that Thailand’s February manufacturing output was flat year-on-year, hurt by refinery maintenance and softer external demand linked to a strong Thai Baht (THB). Authorities have cut fuel subsidies and excise taxes as Oil prices surge, but fiscal space is constrained. The Office of Industrial Economics still projects modest 2026 output growth, subject to […]