Thai PM, BOT Chief Discuss Rates as Deflation Fuels Easing Call
01/10/2024 18:15
Thailand’s Prime Minister Srettha Thavisin discussed monetary policy with the central bank governor on Wednesday, days after publicly urging the the Bank of Thailand to start cutting borrowing costs following months of negative inflation.
Thailand’s Prime Minister Srettha Thavisin discussed monetary policy with the central bank governor on Wednesday, days after publicly urging the the Bank of Thailand to start cutting borrowing costs following months of negative inflation.
The discussion with BOT’s Sethaput Suthiwartnarueput covered interest rates and the economic situation, Srettha, who is also the finance minister, told reporters in Bangkok on Wednesday. He acknowledged that the meeting was in no way an exercise to reduce the central bank’s autonomy.