# When could interest rates ease? - VCCI - Vietnam Chamber of Commerce and Industry

> VIB's treasury head expects interest rates and the exchange rate to cool toward year-end, though pressure will persist through the second and third quarters. The article reports that the Fed's elevated rates and a US-Iran conflict that pushed oil above $100 per barrel have reduced the chance of rate cuts. VIB forecasts the dong could depreciate 3-5% this year.

- Date: 2019-08-22 · published 2019-08-22T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/57908-when-could-interest-rates-ease-vcci-vietnam-chamber-of-commerce-and-industry
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

High U.S. rates and a possible 3-5% dong depreciation would raise the local-currency cost of dollar-priced feed imports, and higher oil prices add to freight and energy costs.

## Read by commodity

- USDVND: bullish ▲

## Sources

- en.vcci.com.vn: https://en.vcci.com.vn/economic-news/when-could-interest-rates-ease-116520

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.