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DBS's Rao flags oil prices and yields as growth risks

In short

DBS Bank economist Radhika Rao said oil prices are a big outside risk, but they have not yet knocked the growth outlook off track. The summary also says the focus is on liquidity, a large forwards book, and support for the domestic currency.

This matters because higher global yields can push up long-end rates and make financial conditions tighter. The reporting does not say whether any new action was taken by policymakers.

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Publisher's headline: “Oil prices key external risk, but yet to derail growth outlook: Radhika Rao, Executive Director & Senior Economist, DBS Bank

What this touches

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