Thai PM says setting new inflation target range should increase rate cut chance

Thai PM says setting new inflation target range should increase rate cut chance

BANGKOK (Reuters) – An upcoming review of Thailand’s inflation target range by the central bank and finance ministry should increase the chance of a rate cut, Thai Prime Minister Srettha Thavisin said on Thursday. The central bank left its key interest rate unchanged for a fourth straight meeting on Wednesday, despite calls by the government to reduce borrowing costs to help revive Southeast Asia’s second-largest economy. The current inflati…

Thai PM says setting new inflation target range should increase rate cut chance

BANGKOK :An upcoming review of Thailand's inflation target range by the central bank and finance ministry should increase the chance of a rate cut, Thai Prime Minister Srettha Thavisin said on Thursday.The central bank left its key interest rate unchanged at 2.5 per cent for a fourth straight meeting on Wedne