Thailand's central bank is expected to leave its benchmark interest rate steady for a sixth straight meeting on Wednesday, as it pins hopes on government spending to revive the economy.
All 21 economists polled by Reuters predicted the Bank of Thailand (BoT) would keep the one-day repurchase rate unchanged at 1.50% - where it has been since April and near a record low of 1.25% - at its policy meeting on Wednesday.
The central bank has leeway to keep interest rates on hold as consumer prices have fallen for more than a year. Most economists with longer-term views expect no change this year.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
All 21 economists polled by Reuters predicted the Bank of Thailand (BoT) would keep the one-day repurchase rate unchanged at 1.50% - where it has been since April and near a record low of 1.25% - at its policy meeting on Wednesday.
The central bank has leeway to keep interest rates on hold as consumer prices have fallen for more than a year. Most economists with longer-term views expect no change this year.
No comments:
Post a Comment