Browsing Category
Economy
321 posts
SCB EIC Expects MPC to Begin Rate Cuts in Q4
The MPC voted to maintain the policy rate at 2.50% with one member advocating for a cut. The Thai economy is growing as expected, but there are concerns about weakening domestic demand. SCB EIC predicts rate cuts in late 2024 and early 2025 to support the economy amidst tightening financial conditions.