Thailand’s central bank (BoT) today cut interest rates by a further 25bps, to 1.25%, and we doubt this marks the end of the easing cycle. With growth struggling and price pressures very low, we expect two additional 25bp cuts this cycle. The decision was correctly anticipated by 25 of the 27 economists polled by LSEG, including ourselves. The vote was unanimous.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.
