Lower interest rates could result in debt accumulation and speculation, says central bank chief
PUBLISHED : 20 Sep 2024 at 11:16
Sethaput: Independence is key for price stability.
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Lower interest rates could result in debt accumulation and speculation, says central bank chief
PUBLISHED : 20 Sep 2024 at 11:16
Sethaput: Independence is key for price stability.
Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on Friday stressed the need for central bank independence in setting monetary policy amid a lengthy disagreement with the government over whether or not interest rates should be cut to support the economy.
While lower…