Thai central bank warns country’s SMEs vulnerable to US tariffs
Bank of Thailand monetary policy committee signals further easing likely, minutes show
Thailand’s smaller businesses are particularly vulnerable to the effects of a possible economic slowdown due to US tariffs, so monetary easing should continue, according to minutes of the Thai central bank’s last monetary policy meeting.
The Bank of Thailand’s (BoT) monetary policy committee voted unanimously to cut its policy rate 25 basis points to 1.5% at its August 13 meeting. In a post-meeting release, the central bank said its growth forecasts remained largely unchanged, but export growth
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