Thai PM calls for emergency central bank meeting to cut rates

BoT governor appears unswayed by call for monetary policy committee to meet ahead of schedule

Bank of Thailand
George Johnson

Thailand’s prime minister has asked the central bank to hold an emergency meeting to consider a rate cut, arguing that the latest data shows the economy is in a critical state.

“I would like to implore the monetary policy committee to urgently call a committee meeting to consider reducing interest without waiting for a scheduled meeting,” Srettha Thavisin posted on social media on February 19. The MPC’s next regular meeting is scheduled for April 10.

Government data released earlier that day

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