Bank of Thailand Expected to Keep Interest Rates Unchanged
The Monetary Policy Committee (MPC) of the Bank of Thailand is expected to maintain the policy interest rate at 2.5% during its upcoming meeting, as reported on Wednesday. This decision…
SCB EIC predicts key interest rates cut for 2024
The Economic Intelligence Center (EIC) at Siam Commercial Bank (SCB) has predicted that the Bank of Thailand (BOT) will implement two interest rate cuts in the first half of this…
PM urges BOT to cut the interest rates
Thailand’s Prime Minister Srettha Thavisin has called on the central bank to consider reducing borrowing costs in order to support the country’s economy. This signal of disagreement between fiscal and…
US raises interest rates despite financial crisis
Despite worries that the move could worsen financial unrest following a succession of bank collapses, the US central bank has increased interest rates once again.
The Bank of Thailand will deliver another 25 basis-point rate hike on Wednesday
Modest rate hike comes even as inflation is at 14-year high. The Bank of Thailand will deliver another 25 basis-point rate hike on Wednesday, its second in a row, even…