BANGKOK -- Thailand's recent negative inflation is not sufficient cause for immediate monetary easing, the country's central bank has stressed, shrugging off pressure from Prime Minister Srettha Thavisin for an interest rate cut at its Feb. 7 meeting.
Economy
Thailand's central bank shrugs off political pressure to cut rates
Executive says recent price falls 'not a cause' for monetary easing
The Bank of Thailand raised its benchmark interest rate to a decade-high of 2.5% in September 2023, a move that the government complains is weighing on the economy. © Reuters
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