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"Witai" Indicates that the 1% Interest Rate Is Not yet at the Right Time for a Reduction, Awaiting the Monetary Policy Committee's Decision and the Launch of the Bangkok Blueprint Tomorrow.
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On October 14th, at the Queen Sirikit National Convention Center, Mr. Witai Rattanagorn, Governor of the Bank of Thailand (BOT), revealed at the Bangkok Blueprint for Fraud Resilient event.
·Thailand
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"Witai" indicates that the 1% interest rate still has policy space to manage risks, but it's not yet time to lower it. He emphasizes that the Monetary Policy Committee (MPC) will wait for economic data before making a decision. He also announces the launch of the "Bangkok Blueprint" on October 14th, highlighting 12 principles to combat financial fraud. The post “Witai” indicates 1% interest rate not yet time to lower, awaits MPC decision – Bangk…
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