IMF calls for Thai rate cut to support inflation, ease debt load

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A further reduction in Thailand’s policy interest rate will help shore up low inflation and ease the burden for local borrowers, according to the International Monetary Fund.

Thailand’s household liabilities have ballooned to $486 billion from around $400 billion in early 2019.

The IMF, which first called for a further rate cut in November, maintained its 2025 GDP growth projection for Thailand at 2.9%.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Bank Rate Wednesday Thailand Reduction Inflation Monetary Committee Interest Policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-21 @ 11:02:00 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 273 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 28 words per sentence (average)

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

Copyright Owner: © Bangkok Post

News ID: 26312062

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

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Year Established: 1946

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News Last Updated: 2 hours ago

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Publisher ID: #66

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