Thailand cuts policy rate by quarter point to boost growth

Widely expected easing comes amid monthslong inflation contraction

20250808 bank of thailand

(Photo by Rie Ishii)

APORNRATH PHOONPHONGPHIPHAT

BANGKOK -- Thailand's central bank on Wednesday voted unanimously to cut its key interest rate by 25 basis points to 1.5% to boost growth, as Southeast Asia's second-largest economy struggles from slumping tourism and slowing exports.

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