Thailand's economy is recovering at a gradual but uneven pace and monetary policy is still supportive in the face of high downside risks, the central bank governor said on Thursday.
High household debt levels will make it difficult to stimulate the economy by lending to households, Bank of Thailand governor Veerathai Santiprabhob told a news conference.
On Feb 3, the central bank's monetary policy committee unanimously left the policy rate unchanged at 1.5%, near a record low of 1.25%, saying fiscal spending would help growth.
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
High household debt levels will make it difficult to stimulate the economy by lending to households, Bank of Thailand governor Veerathai Santiprabhob told a news conference.
On Feb 3, the central bank's monetary policy committee unanimously left the policy rate unchanged at 1.5%, near a record low of 1.25%, saying fiscal spending would help growth.
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
No comments:
Post a Comment