Fed deceleration ahead?
Every central bank in the world was waiting for the US Federal Reserve to start cutting rates in the coming months in the hopes of reigning in inflation. And yet it recently promised just one rate cut in 2024. Still, many are elated with the announcement and are expecting a bit more market activity to help stave off a runaway inflation.
This week is a little special as we are just out of a recent Mid-Year Economic Briefing where experts from Metrobank and CreditSights discussed the potential promises and challenges of a still-fluctuating economic environment.
Enjoy your weekend with the full video of our webinar, some investor tips from Metrobank's head of Institutional Investment Coverage Division, and why the reduction of rice tariffs can have better effects on inflation.
Happy reading!
You're in good hands.
Metrobank Wealth Insights Team
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2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
Watch our most recent webinar, the 2024 Mid-Year Economic Briefing: Navigating the Easing Cycle, for insights on positioning your investment portfolios ahead of this shift from Metrobank’s financial market thought leaders and from our credits research provider, CreditSights.
Among the speakers are Metrobank’s Head for Institutional Investors Coverage Division Ruben Zamora and CreditSights Asia Pacific Research and Finance Head Pramod Shenoi. Joining them during the panelists are Metrobank’s Head of Global Credits Trading Department Antonio Cailao and Metrobank’s Deputy Head of Investment Management Division Cristina Gabaldon.
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1H 2024 Outlook: Long glide down?
Our recent economic briefing also showed that the slower pace of the easing cycle of the US Fed and the Bangko Sentral ng Pilipinas presents some opportunities for investors.?
The head of Metrobank's Institutional Investors Coverage Division has some ideas of where you can go as in investor.
Read more: 1H 2024 Outlook: Long glide down?
Inflation Update: Lower tariff rates on rice seen to reduce inflation
Metrobank's analysis on the reduced tariff rates to 15% from 35% as approved by the National Economic and Development Authority (NEDA) shows that the current market price of rice could be reduced to around PHP 7 to 9 per kilogram.
This may reduce the contribution of rice to headline inflation to -0.2 to 0.2 percentage points, a significant drop from its 1.6-percentage-point contribution in May 2024.
Read more: Inflation Update: Lower tariff rates on rice seen to reduce inflation
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