Cabinet demands BoT rate cut today

Quick Summary:

The cabinet has sent a letter to the Bank of Thailand urging a cut in interest rates to help ensure inflation stays within the targeted range.

At its sixth and final meeting of 2024 in December, the MPC unanimously voted to maintain the policy rate at 2.25%.

Thailand's headline inflation rate has been persistently low for an extended period, with the rate averaging 0.4% last year, the lowest level in four years.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Economic Bank Monetary Paopoom Cabinet Target Policy Inflation Meeting Range Rate

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 04:00:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 604 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 26445706

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About Bangkok Post

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Official Website: bangkokpost.com

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