Central banks around the ASEAN region are working to quell inflationary pressures. At home, the Monetary Authority of Singapore announced hours ago that it would re-centre the mid-point of the Singapore dollar nominal effective exchange rate or (S$NEER) policy band in a surprise off-cycle move after raising its full-year core inflation forecasts by 0.5 per cent to between 3 and 4 per cent. And earlier we saw Indonesia’s headline inflation for June spiked to a 5 year high of 4.4 per cent on-year, breaching Bank Indonesia’s 4 per cent target upper-bound. To what extent will central banks move to rein in soaring prices dampen growth? And what's the economic outlook for ASEAN? In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Suan Teck Kin, Head of Research at UOB for a detailed overview of the region.