Bank of Thailand
February 8, 2017
There have been no central bank interest rate changes in Thailand since cuts of 25 basis points each in March and April of 2015. Six earlier such reductions had been spaced between November 2011 and March 2014. The latest policy review ended today with a unanimous vote to keep the interest rate at 1.5%, which constitutes its lowest level since June 2010 and represents an intentionally accommodative stance to promote growth and financial stability. Inflation is back in target and expected to rise further, but expected inflation remains consistent with the target.
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Tags: Bank of Thailand