Bangkok Post – Central bank seen defying pressure from PM to urgently cut rate

As the Bank of Thailand comes under growing political pressure to cut interest rates, most analysts expect the monetary authority to resist calls for any off-cycle easing to support the economy.

The deepening rift between Prime Minister Srettha Thavisin and the central bank over monetary policy direction is bound to hurt investor confidence though the prospects of Sethaput Suthiwartnarueput’s exit as BoT governor are slim, according to analysts from Barclays Bank Plc and Nomura Holdings Inc.

Srettha, who has been at loggerheads with the central bank on the…