The Bank of Thailand’s Monetary Policy Committee has decided to maintain the one-day repurchase rate at 2.25%. This decision comes despite pressures from the government advocating for additional policy easing.
The unanimous vote reflects the committee’s cautious approach amid ongoing economic uncertainties. The stability of the rate aims to foster a conducive environment for economic growth and stability.
This choice highlights the central bank’s commitment to monitoring economic conditions closely before making significant shifts in monetary policy. The decision to keep rates steady signals a careful balance between stimulating growth and managing inflation.
Source link : The Bank of Thailand keeps its benchmark interest rate steady at 2.25%
