By Anant Chandak and Susobhan Sarkar BENGALURU - Thailand's central bank will leave its key policy rate unchanged at 2.25% on Wednesday and likely through 2024, marking an end to a year-longGourmet Chicken Tenders: Recipe in Description | SaltWire #QuickRecipes #FoodShorts #CookingShortsBENGALURU - Thailand's central bank will leave its key policy rate unchanged at 2.
Governor Sethaput Suthiwartnarueput recently said both economic growth and inflation were expected to be lower than previously forecast due to softer tourism spending and a weak economic outlook for China, the country's major trading partner. "The BOT will switch to a wait-and-see mode. It is actually in a relatively comfortable position to take its time in terms of making its policy decisions because growth is strong, inflation is low," said Lavanya Venkateswaran, senior ASEAN economist at OCBC.
None expected the central bank to raise interest rates at the following meeting in November. Median forecasts showed interest rates remaining at 2.25% through next year.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: calgarysun - 🏆 63. / 52 Read more »
Source: tbnewswatch - 🏆 75. / 51 Read more »
Source: SaltWire Network - 🏆 45. / 63 Read more »
Source: SaltWire Network - 🏆 45. / 63 Read more »
Source: GlobalNational - 🏆 81. / 51 Read more »
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »