Thailand’s central bank (BoT) today left interest rates unchanged (at 2.25%), but kept the door open to rate cuts next year. With inflation set to stay very low and growth likely to struggle, we are expecting a total of 75bps of cuts in 2025. Today’s decision was predicted by 28 out of 30 analysts polled by Reuters (we were one of just two expecting a cut). The decision was unanimous, with all MPC members voting for rates to be left unchanged.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.