DBS Group Research report, authored by Radhika Rao, reports that Moody’s has changed Indonesia’s rating outlook to ‘negative’ from ‘stable’ while affirming the Baa2 rating.
Bank of England (BoE) Governor Huw Pill said that there’s a risk that they will draw too much comfort from the dip in inflation that will come in April. He said that they should not overinterpret changes to growth outlook, speaking to businesses on Friday.
Reserve Bank of Australia (RBA) Governor Bullock said on Friday that the board lifted the Official Cash Rate (OCR) because the economy is more capacity constrained than previously judged, meaning policy needed to be tighter.