Bank of Thailand cuts interest rates amid H2 slowdown concerns
The bank is expecting the economy to slow in the second half of the year as the impact of US tariffs kick in; SMEs and housing loans are of particular concern.
The Bank of Thailand’s Monetary Policy Committee (MPC) voted unanimously to cut the country’s interest rate by 0.25 percentage point from 1.75% to 1.5% on August 13, effective immediately.
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