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26 Feb 2025

Thai Economy

The MPC cut the policy rate to 2.00% in a non-unanimous resolution during its February 26 meeting (Business Brief No.4133 Full Ed.)

คะแนนเฉลี่ย
  • During its February 26 meeting, the Monetary Policy Committee (MPC) voted six to one to cut the policy rate by 0.25 percent to 2.00 percent. This resolution was contrary to KResearch’s previous projection, as the MPC placed greater emphasis on economic risks.
  • KResearch expects the MPC to cut the policy rate once again this year, but not in the next meeting, pending the release of Thailand’s GDP 1Q25 figure and a clearer picture of the impact of trade policy.
  • Following the meeting, the Thai Baht weakened, while the stock market responded positively.

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Thai Economy