More Policy Rate Cuts Likely From RBA, BOT: MS

The Reserve Bank of Australia and Bank of Thailand could trim their policy rates next week by 25 bps, while Bank Negara Malaysia could keep the policy rate on hold, notes Morgan Stanley. Derrick Y Kam and team at Morgan Stanley in their October 30, 2015 report on “Asia/Pacific Weekly Preview” anticipates a low inflationary environment to continue in Korea. RBA could prune rates to 1.75% next week Sensing an action-packed week beginning November 2, 2015, the Morgan Stanley analysts anticipate more rate cuts in the week ahead. Starting off with Australia, Kam and colleagues believe the Reserve Bank of…