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InfoQuest

Thai Monetary Policy Committee holds key rate at 1.75 percent

May 09, 2019


Abstract : The Monetary Policy Committee (MPC) decided to keep its policy rate at 1.75 percent to wait for a clearer impact assessment.

InfoQuest, (May 08, 2019) -- The Monetary Policy Committee (MPC) decided to keep its policy rate at 1.75 percent to wait for a clearer impact assessment. Because Thailand's economic growth is likely to be lower than the forecast. Meanwhile, there will be uncertainty in the future in global economic situation and domestic environment that warrants monitoring on risks affecting the stability of the financial system.

Source: InfoQuest, by Tanit Tongnok/Sasithorn/Kasamarporn, translated by Xinhua Silk Road.

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Keyword: thailand infoquest

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