Singapore Stock Market News

CIMB Regional Economic Compass 4Q13

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Publish date: Mon, 16 Sep 2013, 11:26 AM
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Growth in advanced economies have begun to show improvement
We are convinced that the global recovery will continue, albeit with divergent trends. Growth is currently tempered by the Fed's preparation to wind down its monetary easing. We expect the re-pricing for tapering to exacerbate the pressure on emerging asset markets via capital outflows, especially for economies with external-sector vulnerability.

Challenges for policymakers during this unprecedented transition include a calibration of policy responses to balance growth and stability in bond and currency markets.
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