also signaling that there would be three rate hikes this year; markets have mostly factored in this interest rate uptrend. At the same time, short-term Thai bond yields dropped on lower-than-expected

maintain its tightening monetary stance through hikes in its policy rate, along with cutbacks in its balance sheet. Meanwhile, the European Central Bank and the Bank of Japan may be considering the right

remainder of this year, close attention should still be paid to US politics along with signals regarding the timing of the Federal Reserve’s tightening monetary policy, via both hikes in its policy rate and

showed signs of ongoing growth. This is despite the fact that the Federal Reserve has embarked upon a course of policy rate hikes and its Balance Sheet Normalization Program, wherein maturing US Treasuries

has also prompted the Federal Reserve and other major central banks to signal that no more rate hikes will be seen over the remainder of this year. In Thailand, most major economic indicators were on

China announced delays of their planned hikes of import tariffs on certain products. 6 To cope with domestic and international economic and political uncertainties as well as abrupt changes in capital

Fund had maintained its global economic projection for 2018 at 3.9 percent given that the US economy is expected to be bolstered by tax cuts and government spending hikes whereas other advanced economies

to deliver fewer rate hikes than last year, even though the policy rate will continue to rise incrementally in 2019. At the same time, the European Central Bank and the Bank of Japan may keep their