Thai central bank cuts policy rate amid slow growth, global trade risks

Q: How long will it take to read this news story?

The story "Thai central bank cuts policy rate amid slow growth, global trade risks" has 662 words across 26 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Thai central bank cuts policy rate amid slow growth, global trade risks" was covered 4 hours ago by Channel News Asia, a news publisher based in Singapore.

Q: How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news. The outlet is headquartered in Singapore and publishes an average of 45 news stories per day. It's most recent story was published 56 minutes ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26455218</li><li>URL: https://beamstart.com/news/thai-central-bank-cuts-policy-17405626839829</li></ul>

Channel News Asia Logo Channel News Asia 4h ago

Thai central bank cuts policy rate amid slow growth, global trade risks - Channel News Asia

Quick Summary:

BANGKOK : Thailand's central bank cut its benchmark interest rate by a quarter percentage point on Wednesday, a move it said was a response to a weaker growth outlook and increased risks posed by global trade policy uncertainty.

But I must say this time we based (the rate cut) on our assessment of the overall economic picture," assistant governor Sakkapop Panyanukul told a press conference, responding to reporter questions on political pressure.

Sakkapop said the central bank was ready to adjust policy if the outlook changed, adding the cut was not part of an easing cycle and the bar would be high for further reductions.