The three major Southeast Asian economies — Indonesia, the Philippines, and Thailand — will announce monetary policy decisions one after another starting at 3 p.m. Beijing time today. ① The Bank of Indonesia's early interest rate cut last month surprised the market, but judging from the recent weakening trend of the Indonesian rupiah, most analysts expect the central bank to stand still this time. ② The Bank of the Philippines strongly hinted that it will continue to lower interest rates. ③ Analysts' consensus anticipates that Thailand's Monetary Policy Committee may withstand pressure from the government to cut interest rates and keep the benchmark interest rate unchanged at 2.5% for the sixth time in a row, the highest level since 2013.

The three major Southeast Asian economies — Indonesia, the Philippines, and Thailand — will announce monetary policy decisions one after another starting at 3 p.m. Beijing time today. ① The Bank of Indonesia's early interest rate cut last month surprised the market, but judging from the recent weakening trend of the Indonesian rupiah, most analysts expect the central bank to stand still this time. ② The Bank of the Philippines strongly hinted that it will continue to lower interest rates. ③ Analysts' consensus anticipates that Thailand's Monetary Policy Committee may withstand pressure from the government to cut interest rates and keep the benchmark interest rate unchanged at 2.5% for the sixth time in a row, the highest level since 2013.