A Third Thai Central Bank Rate Cut but Not by a Unanimous Vote – Currency Thoughts

A Third Thai Central Bank Rate Cut but Not by a Unanimous Vote

April 30, 2025

By a 5-2 vote with dissents favoring no change, the Bank of Thailand‘s policy interest rate was reduced by 25 basis points from 2.0% to 1.75%. This marked the third such cut from a peak of 2.5% maintained for thirteen months until October 2024. CPI inflation in Thailand of 0.8% in March was below its 1-3% target range, but monetary officials are being careful and closely monitoring the risk posed by mounting trade tensions around the world.

Copyright 2025, Larry Greenberg. All rights reserved. No secondary distribution without express permission.

Tags: Bank of Thailand

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