Steady, Not Strong as Southeast Asia Faces Growth Risks in 2019
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The Federal Reserve is set to keep everyone on edge as it navigates an even trickier interest-rate path in 2019, while the trade war between the U.S. and China is already hurting exports in the region. The Philippines might eke out a small gain in growth in 2019, if their bets that inflation will diminish come to fruition. “Asean growth and inflation look set to soften in 2019,” said Tamara Henderson at Bloomberg Economics.
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