BoT slashes rate in surprise move to support economy - News Summed Up

BoT slashes rate in surprise move to support economy


BoT slashes rate in surprise move to support economyMr Don says the cycle of policy rate cuts has likely ended. The Bank of Thailand believes the cycle of policy rate cuts has ended, with Wednesday's reduction deemed sufficient to support the Thai economy. He said if the Thai economy progresses in line with the committee's assessment, the downward interest rate cycle can be considered over. "The latest rate cut may have surprised the market in terms of timing, but the market already expected the policy rate to be reduced to 1% this year," he said. "However, a reduction in the policy rate would help ease both financing costs and credit risks in the banking sector."


Source: Bangkok Post February 25, 2026 23:17 UTC



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