Malaysia 2015 Outlook
- In light of the weaker growth prospects, another interest rate hike this year is off the cards, even in the face of a weaker currency.
- Domestic demand and ETP will remain prime mover of growth.
- Exports to benefit from global recovery especially given lower oil prices.
- Fiscal reforms and subsidy cuts underway to rein in budget deficit and debt.
Global 2015 Outlook
- The global economy enters 2015 on mixed footing. In the US, where growth is starting to look good, there are questions about slack in the labour market, the outlook on inflation and when policy rates are likely to rise.
- Growth rates are expected to go up in the US and possibly Japan, but China will remain slow. European growth is unlikely to deviate much from the pace in 2014.
- There is potential policy rates rise in the US but China to implement further cuts. The European Central Bank will start buying sovereign debt and Japan goes even more turbo on quantitative easing.
(Source: Various research reports and news portal)
No comments:
Post a Comment