BANGKOK -- The Bank of Thailand held its benchmark rate steady at 2.5% on Wednesday for the third straight meeting, seeing sufficient signs of future inflation and high consumer debt to defy Prime Minister Srettha Thavisin's monthslong calls for monetary easing.
Economy
Bank of Thailand keeps interest rate at 2.5%, defying PM Srettha
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Thailand's inflation has fallen short of the bank’s target range of 1% to 3% for two straight quarters. © Reuters
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