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ASEAN Speaks

U.S. Jobs Report and the FOMC June Meet

31 May 2021

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U.S. next jobs report on Fri June 4 will signal if employment data is trending above the 3M moving average of 520k monthly additions, potentially fuelling inflation concerns and impacting outcome of June 17 FOMC meeting. Back in ASEAN, with Thailand’s central bank rates at almost zero, what else can Thailand do to pump prime its economy in the wake of another COVID breakout? As Malaysia enters into a nationwide total lockdown, will the government impose loan moratorium extensions?

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