Thai central bank cuts key rate again, lowers growth forecasts as tariffs loom
10 Articles
10 Articles
Thai central bank cuts key rate again, lowers growth forecasts as tariffs loom
BANGKOK: Thailand's central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to support an underperforming economy facing uncertainty over steep US tariffs. The Bank of Thailand's monetary policy committee voted 5-2 to reduce the one-day re
Thailand Cuts Key Rate as Trade War, Earthquake Weigh on Growth
The Bank of Thailand cut its key interest rate for the second straight meeting and the third time since October, moving to shore up business and consumer sentiment that’s been battered by the trade war and the March 28 earthquake.
Thai Central Bank Cuts Rate on Tariff Woes, Moody’s Downgrade
The Thai government has sought to downplay downgrades of the country’s economic outlook this week by Moody’s, and the central bank, based on the threat posed to its exports from US tariffs. A government spokesman said on Wednesday that Moody’s had “jumped the gun” by revising Thailand’s outlook from stable to negative – and not waiting for the country to begin trade talks with Washington, which has threatened to impose a 36% tariff on Thai goods…
Bank of Thailand cut its key interest rate by a quarter point
The Bank of Thailand cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday, in a move to support an underperforming economy facing uncertainty over steep US tariffs. Thailand’s Central Bank Cuts Policy Interest Rate to 1.5 % The Monetary Policy Committee voted 5-2 to reduce the one-day repurchase […] Source
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