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Thailand to Hold Rate Again as Government Piles Pressure to Ease

Thailand’s central bank is poised to maintain its benchmark interest rate at a decade high on Wednesday as spending and inflation gather pace, giving policymakers more room to withstand government calls for an immediate rate cut.

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(Bloomberg) — Thailand’s central bank is poised to maintain its benchmark interest rate at a decade high on Wednesday as spending and inflation gather pace, giving policymakers more room to withstand government calls for an immediate rate cut.

Twenty-one out of 24 analysts surveyed by Bloomberg expect the Bank of Thailand to keep the one-day…

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