Bangkok Post – Central bank ‘open’ to easing if economic weakness drags

A top Thai monetary policymaker said the Bank of Thailand (BoT) is willing to lower borrowing costs if it is convinced that the weakness in the economy is persistent and not transitory.

Southeast Asia’s second-largest economy is currently witnessing softness due to a mixture of cyclical factors as well as structural ones, BoT assistant governor Piti Disyatat said. The rate panel is trying to disentangle the two effects, he added.

A rate cut is…