Bank of Thailand Plays Down Possibility of More Rate Cuts

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  • Bloomberg Markets and Finance published this video item, entitled “Bank of Thailand Plays Down Possibility of More Rate Cuts” – below is their description.

    Sep.08 — The outgoing chief of Thailand’s central bank says its current monetary policy is accommodative enough and further interest-rate cuts would be less effective in reviving the economy from its pandemic-driven downturn. Bank of Thailand Governor Veerathai Santiprabhob adds that the challenge now is to address the insolvency problems, not so much the liquidity problem. Veerathai spoke exclusively with Bloomberg’s Haslinda Amin from Bangkok.

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