Against a backdrop of weak growth, negative inflation and government pressure for further easing, the Bank of Thailand (BoT) cut its policy rate by 25 basis points for the second straight meeting today, bringing it to 1.50%, which is the lowest since July 2010. The BoT will be looking for signs of a more convincing economic recovery over the months ahead. If they do not emerge soon, then rates could be cut even further.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services