BUSINESS

Analysts: Rate cut unlikely before Q2 of 2025

Business, Nareerat Wiriyapong, Published on 26/04/2024

» The Bank of Thailand is unlikely to lower interest rates until the second quarter of 2025, when the economy could hit a fiscal cliff after the impact of the 10,000-baht digital handout diminishes, as expectations grow that the Federal Reserve will keep US rates elevated for longer, say analysts.