The Bangkok Post on MSN

Rate cut helps the BoT, not the economy

On Feb 26, the Bank of Thailand's (BoT) Monetary Policy Committee (MPC) cut its policy interest rate by 0.25%, lowering it to 2.0%. The previous rate cut was on Oct 16 last year and was also by 0.25%.
(Bloomberg) -- A group of Thai economists backed the central bank’s independence in setting monetary policy after government and business leaders ratcheted up calls for lower borrowing costs to ...
(Bloomberg) -- The public sparring between Thailand’s Prime Minister Srettha Thavisin and central bank chief on monetary policy risks undermining the institution’s independence and poses a threat to ...
BANGKOK, Feb 8 (Reuters) - The Bank of Thailand (BOT) is ready to cut rates if consumption falls sharply, a senior official said on Thursday, a day after it kept monetary policy unchanged amid ...
BANGKOK, Sept 27 (Reuters) - Thailand's central bank unexpectedly raised its key interest rate for an eighth straight meeting on Wednesday, saying economic growth and inflationary pressures should ...
The public sparring between Thailand’s Prime Minister Srettha Thavisin and central bank chief on monetary policy risks undermining the institution’s independence and poses a threat to credit ratings, ...
(Bloomberg) -- The Bank of Thailand’s decision to leave borrowing costs unchanged this week gives it a “monetary lifeline” to deal with challenges ranging from US tariffs and geopolitical tensions to ...