Thai finance ministry wants to see rates cut this year

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BANGKOK : Thailand's finance ministry wants to see a cut in interest rates this year to be align with economic fundamentals and will discuss monetary policy easing with the central bank, a deputy finance minister said on Monday.

President Donald Trump slapped tariffs on imports from Washington's three biggest trade partners, stoking fears of a trade war and its impact on the region.

The government will introduce more stimulus measures to maintain the current momentum of the economy to help it expand further, Paopoom said.

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Article Details

Category: EconomyBusiness

Markets: SingaporeThailand

Topics: Interest Economic Sector Year Cent Central Thailand Bank Rate Policy Paopoom

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-03 @ 17:09:31 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 449 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 25782485

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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