TODAY’S TOP ARTICLES – 18 JUN 2014

Thailand: Thailand Holds Key Interest Rate on Signs of Recovery After Coup
The Bank of Thailand decided in a unanimous vote to keep the key interet rate on hold at 2.0% at its meeting on 18 June. This move might be a signal that the Thai economy is gaining momentum after the military took over the country last month. (Source: Bloomberg)

United States: Dollar Underpinned by Inflation Data, All Eyes on Fed
With consumer prices on the rise, there is growing speculation that the Federal Reserve will consider raising interest rates sooner than originally expected. (Source: CNBC)

China: PBOC Extends Reserve Requirement Cut to Three More Banks
Caixin reports that the People’s Bank of China expanded cuts to the reserve requirement ratio to three medium size banks by 0.5 percentage point from June 16. (Source: Caixin)

Japan: Government Should Reduce Corporate Tax to Less than 30% in a Few Years
While Prime Minister Shinzo Abe pledged on 13 June to reduce the corporate tax to under 30%, analysts are wondering how to secure new revenue sources to offset the corporate tax cuts. (Source: The Japan News)

Argentina: IMF in Warning Over Argentina Ruling at US Supreme Court
The International Monetary Fund (IMF) has warned that Argentina’s legal defeat in its fight against hedge fund investors may have wider implications. (Source: BBC News)

For the latest economic indicators from around the world, please visit us at Focus-Economics.com.

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