Thai Central Bank Governor Signals Unlikely Rate Cuts Ahead Amid Economic Stability Concerns

The Governor of the Bank of Thailand, Sethaput Suthiwartnarueput, has indicated that the possibility of further interest rate cuts is minimal, primarily due to ongoing economic stability and persistent inflationary pressures. This statement comes in the wake of the central bank's recent decision to maintain its benchmark interest rate at 2.5%, a level it has held since the last reduction in the previous year.

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