PUBLISHED : 7 Oct 2024 at 15:43
Thai Finance Minister Pichai Chunhavajira (Photo: Government House)
Thailand’s Finance Ministry plans to propose a higher inflation target of 1.5%-3.5% for next year, adding pressure on the central bank to cut its key interest rate, according to people familiar with the matter.
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PUBLISHED : 7 Oct 2024 at 15:43
Thai Finance Minister Pichai Chunhavajira (Photo: Government House)
Thailand’s Finance Ministry plans to propose a higher inflation target of 1.5%-3.5% for next year, adding pressure on the central bank to cut its key interest rate, according to people familiar with the matter.
The ministry is due to hold talks with the Bank of Thailand (BoT) to finalise the price band later this month, the people said, asking not to be named as they aren’t authorised to discuss…