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Bank of Thailand says rate cuts provide buffer as war risks rise and Fed split rattles markets
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Bank of Thailand says rate cuts provide buffer as war risks rise and Fed split rattles markets
Don Nakornthab says Thailand benefits from lower interest rates to cushion economic shocks from global conflict, while warning of uncertainty in US Federal Reserve policy amid internal divisions and an upcoming leadership change. PATTAYA, Thailand – A senior Bank of Thailand (BOT) official has said Thailand is in a relatively favourable position after being able to ease monetary policy to support the economy amid global geopolitical risks, while…
·Pattaya City, Thailand
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