HSBC Expects Hike from SBV in Third Quarter

Diep Nguyen

22:07 01/08/2018

BizLIVE -

Under the circumstances when high frequency indicators still pointing to robust growth, HSBC expects the 25bp hike from the SBV in the third quarter of 2018.

HSBC Expects Hike from SBV in Third Quarter

Photo: Daily News

HSBC in the latest report named “Vietnam at a glance” released today gives some predictions on Vietnam monetary policy direction for the rest of the year.
According to HSBC, Vietnam found reprieve from inflation, thanks to government adjustments to curb healthcare costs, but those aren’t enough.
HSBS believes that inflation in Vietnam is likely to stay elevated above the SBC’s 4% target, with upside risks, given a weaker currency. Under the circumstances when high frequency indicators still point to robust growth, HSBC expects the 25bp hike from the SBV in the third quarter of 2018. 

DIEP NGUYEN

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