BANGKOK -- Thailand's central bank kept its key interest rate unchanged at 2.5%, following a monetary policy committee meeting on Wednesday, as the country's inflation rate returned to the bank's target range for the first time in a year.
Economy
Bank of Thailand holds key interest rate steady at 2.5%
Economists expect central bank to wait for Fed's move before easing
Some economists say the central bank us unlikely to cut interest rates before the Fed as it could cause capital outflows and weaken the baht, adding to inflationary pressure. © Reuters
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