Prime Minister Srettha Thavisin on Tuesday again called on the Bank of Thailand (BoT) to cut interest rates, saying a 25 basis-point rate cut would help people and not stoke inflation.
Inflation has been negative and below the lower end of the central bank’s target range, so even after reducing the key rate from 2.50% to 2.25% there would still be “a lot of room” for cuts, he told reporters.
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