TITLE

Rate Cuts Could Come Early In 2012

PUB. DATE
January 2012
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Jan2012, Vol. 23 Issue 1, p5
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents an economic outlook for Thailand for 2012. It discusses the impact of the floods that have aggravated the downside risks to the country's economic growth prompting the Bank of Thailand (BoT) to keep its policy rate on hold at 3.50%. It predicts early cut rates in 2012 with BoT's signalling to downgrade its real gross domestic product (GDP) growth while inflationary pressures continue to cool down stabilising commodity prices.
ACCESSION #
69632688

 

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