Policy interest Archives - News Directory 3

Maintaining Interest Rates at 2.50%: MPC’s Stance on Boosting Tourism Consumption and Addressing Budget Delay Impact

The MPC reiterates its stance on maintaining interest rates at 2.50% per annum, appropriately and not dragging the economy down. After estimating GDP in 2024 to expand at 2.6%, tourism consumption continues to grow, declaring the budget delay an “air hole” in the fiscal sector, with 140 billion baht being lost. Date: 10 April 2024 […]

Thailand’s Interest Rate Debate: Analysts Call for Lower Rates to Boost Economy

Analysts point out that the policy’s interest rate of 2.5% is inappropriate and does not benefit the economy. Reveals that Thailand’s real interest rate is above 3%, reflecting that there is room to lower interest rates. He said that the Thai economy is growing very poorly. Compared to neighboring countries Date: 10 April 2024 Mr […]

Thai Stock Market Update: April 5, 2024

Summary of movements in the Thai stock market Although the Thai stock market index was moving within a narrow range But it continued to shrink from last week. Overall, Thai stocks fluctuate within a narrow range but lean towards the downside. In addition to the lack of new factors to support There is still pressure […]

Navigating the Economic Impact of COVID-19 in Thailand: Key Insights and Trends

Thailand’s Policy Interest Rate and Economic Outlook: Expert Analysis

Another economic issue that many people are keeping an eye on is Thailand’s policy interest rate. The government expects the Monetary Policy Committee (MPC) to reduce the policy interest rate to help ease the burden on the people. Meanwhile, the results of the latest MPC meeting chose to keep the interest rate at 2.5% per […]

MPC Decision: Interest Rate Maintained at 2.5%

Evening News – The Monetary Policy Committee (MPC) announced, in a split voice, that the policy interest rate would be maintained at 2.50% The Prime Minister disagreed but accepted the decision. MPC unanimously maintains interest rate at 2.5%The results of the first meeting of the Monetary Policy Committee for 2024. The committee voted 5 to […]

The Case for Reducing Policy Interest Rates in Thailand: A Look at Economic Stabilization and Recovery Strategies

Academics believe that policy interest rates could be reduced to at least 0.50% in 2024 if inflation is below the 1% target, suggesting the use of rule-based stabilization. Inflation in Thailand is not a concern. Economic expansion may fall short of target if fiscal stimulus measures are offset by high interest rates. The output gap […]

BoT Governor Discusses Financial Stability and Debt Prevention Measures with Prime Minister and Finance Minister

BoT Governor Meets with Prime Minister and Finance Minister to Discuss Economic Concerns The Governor of the Bank of Thailand (BoT) recently held a crucial meeting with the Prime Minister and the Finance Minister to exchange valuable insights regarding the country’s financial stability. During the discussion, the trio expressed their deep concerns about fiscal issues […]

The MPC Raises Policy Rate to 2.25% to Address Inflation Concerns and Safeguard Economic Stability

MPC Raises Policy Interest Rate to 2.25% to Tackle Rising Inflation August 2, 2023 In a unanimous decision, the Monetary Policy Committee (MPC) has announced an increase in the policy interest rate to 2.25%, effective immediately. This move is aimed at addressing high levels of inflation and ensuring long-term economic and financial stability. The decision […]

Introducing housing installments The interest is not enough to breach the principle.

Although normal financial institutions generally charge interest for the first 3 years because the interest will be low, the installment amount will be low, but it will increase in the 4th year onwards, causing the installment amount to be higher, for example, in the first 3 years, the interest is 3%, the installment amount is […]

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