"If interest rates are cut once, it would reduce pressure on the central bank. "The board chairman of the central bank should have the knowledge and ability to coordinate with relevant agencies to smooth work processes. "We are confident the central bank knows the most appropriate actions to take after the US Federal Reserve cut interest rates." "We would ask whether the central bank is maintaining the country's financial stability at the cost of SMEs and the economy," said Mr Sangchai. She urged the central bank, in collaboration with commercial banks, to relax the loan criteria to help SMEs, including restaurant operators, in accessing loans.

Source: Bangkok Post October 09, 2024 15:17 UTC