20 hours ago
Thai Central Bank Says More Easing Only If Growth Outlook Dims
Thailand's central bank would need to see a 'significant material deterioration' in its economic growth outlook, or face unexpected shocks, to justify additional rate cuts beyond the three reductions it has made this year, a top official said.
The Bank of Thailand's monetary policy stance remains accommodative, and the rate panel has taken into account hits to growth from US tariffs starting the second half, Deputy Governor Piti Disyatat said in a Bloomberg TV interview on Wednesday. Piti, who is part of the BOT's seven-member Monetary Policy Committee, said a quarter-point cut last week factored in tight financial conditions and greater clarity on the trade front following the settlement of US tariffs.
