Market News / Story
Thailand's Central Bank Governor Says No Rush to Raise Rates, Sees Inflation Slowing to Around 2% This Year
Binance News ·
Binance News reports: Thailand's central bank governor said there is no need to rush to raise interest rates and that monetary policy cannot solve structural problems restraining economic growth. According to Sina Finance, the Bank of Thailand kept its benchmark rate unchanged at 1.00% in August, and its next monetary policy review meeting is scheduled for October 28. Vitai Ratanakorn said at a business forum on Thursday that Thailand's economy is expected to grow about 2.3% this year. He…