Post by account_disabled on Dec 30, 2023 4:12:50 GMT
This is partly a result of product manufacturers being unable to predict how much raw materials or products to order to suit consumer needs. Economists have begun to warn that it may spread to the service sector. which although not directly affected But if the overall economic situation gets much worse, the impact may not be avoided. Not to mention other factors such as Brexit, the US-Iran dispute, and the US Raise import taxes on products from Europe. The overall situation mentioned above is considered to have a huge impact and cause a crisis of confidence (Confidence Crisis), which is considered the most frightening thing for the business sector. causing trade and investment activities to slow down Financial markets are highly volatile. and affecting investment in the capital market as well Easier monetary policy was first brought back after the financial crises in the US and Europe in order to help support the economy from collapse. After being greatly affected by the trade war between the US-China The Federal Reserve has already cut interest rates 2 times, totaling 0.50%, and announced that it will inject additional money into the system. The European Central Bank (ECB) has cut the deposit rate for commercial banks from -0.40% to -0.50%, along with resuming QE policy in November 2019, with an asset purchase limit of 20 billion euros per month.
The Thai economy in 2019 slowed in line with the world economy. It is expected that this year the economic growth rate will remain at 2.8% after the first half of the year GDP was at 2.6% as a result of contraction in exports. Private investment in the private sector has slowed. Meanwhile, tourism sector income decreased because of the strengthening baht. However, only domestic consumption is still growing. From the support of the Telegram Number Data government's economic stimulus measures released this year. In addition, in 2019, the economic slowdown resulted in the Bank of Thailand (BoT) deciding to reduce the policy interest rate by 0.25% to 1.25%, considered the lowest level in history. At the same time, the government sector has policies for economic agencies such as the BoT, Ministry of Finance. The SET and SEC have similar economic policies to make economic stimulus measures more effective. Economic Outlook 2020: Low growth, may see signs of a weak recovery. The global economic outlook in 2020 is expected to continue to grow at a slower rate following the late cycle and the effects of the trade war that will affect the entire year if compared to 2019 when the US-China gradually adjusted up. Tariffs on imported goods are periodically retaliatory.
As a result, the impact will begin to be severe in the second half of 2019. by main countries such as the United States And Germany is becoming increasingly vulnerable to a technical recession. (Economic growth has declined quarter-on-quarter for two consecutive quarters) as exports and industrial production activities have been significantly affected by the trade war. However, because the US Federal Reserve And Europe is ready to reduce interest rates further. Along with injecting liquidity into the economy in 2020, SCB Securities Company Limited (SCBS) assesses that the chance of a recession in 2020, as the financial market is very worried at the moment, is still low (even though SCBS assesses that the positive results from this round of monetary easing measures will not be as large as during the 2007-2009 economic crisis, but sufficient to help build confidence among business people and financial markets to a certain extent. For regions that still hold hope to help support the global economy are emerging and developing countries where growth rates are expected to remain high, such as China, India, and ASEAN countries. Together, the growth rate is higher than 4%. The key turning point for the economy in 2020 is if US President Donald Trump Review tariff measures for importing products from China. (Recently, the US-China are having trade negotiations and there are signs of improvement) because it is clearly seen that it has a great impact on the US economy because of imported products that are subject to tariffs in the latter list.
The Thai economy in 2019 slowed in line with the world economy. It is expected that this year the economic growth rate will remain at 2.8% after the first half of the year GDP was at 2.6% as a result of contraction in exports. Private investment in the private sector has slowed. Meanwhile, tourism sector income decreased because of the strengthening baht. However, only domestic consumption is still growing. From the support of the Telegram Number Data government's economic stimulus measures released this year. In addition, in 2019, the economic slowdown resulted in the Bank of Thailand (BoT) deciding to reduce the policy interest rate by 0.25% to 1.25%, considered the lowest level in history. At the same time, the government sector has policies for economic agencies such as the BoT, Ministry of Finance. The SET and SEC have similar economic policies to make economic stimulus measures more effective. Economic Outlook 2020: Low growth, may see signs of a weak recovery. The global economic outlook in 2020 is expected to continue to grow at a slower rate following the late cycle and the effects of the trade war that will affect the entire year if compared to 2019 when the US-China gradually adjusted up. Tariffs on imported goods are periodically retaliatory.
As a result, the impact will begin to be severe in the second half of 2019. by main countries such as the United States And Germany is becoming increasingly vulnerable to a technical recession. (Economic growth has declined quarter-on-quarter for two consecutive quarters) as exports and industrial production activities have been significantly affected by the trade war. However, because the US Federal Reserve And Europe is ready to reduce interest rates further. Along with injecting liquidity into the economy in 2020, SCB Securities Company Limited (SCBS) assesses that the chance of a recession in 2020, as the financial market is very worried at the moment, is still low (even though SCBS assesses that the positive results from this round of monetary easing measures will not be as large as during the 2007-2009 economic crisis, but sufficient to help build confidence among business people and financial markets to a certain extent. For regions that still hold hope to help support the global economy are emerging and developing countries where growth rates are expected to remain high, such as China, India, and ASEAN countries. Together, the growth rate is higher than 4%. The key turning point for the economy in 2020 is if US President Donald Trump Review tariff measures for importing products from China. (Recently, the US-China are having trade negotiations and there are signs of improvement) because it is clearly seen that it has a great impact on the US economy because of imported products that are subject to tariffs in the latter list.