Thailand: Sharp Pivot To Monetary Easing
Country Risk / Thailand / Mon 06 May, 2024
Key View
- We think that the Bank of Thailand will now cut rates as soon as its next meeting in June. That said, we are still expecting only two rounds of cuts this year.
- Despite our view that interest rate cuts will do little to address the current challenges the economy is facing, sustained dissent among committee members is a reliable indicator of