georgemiller
Publish Date: Wed, 18 Dec 2024, 07:05 AM

BANGKOK, Dec 18 (Reuters) - Thailand's central bank left its key interest rate unchanged on Wednesday, as widely expected, after delivering a surprise cut at its previous meeting in October.
The Bank of Thailand's monetary policy committee voted unanimously to keep the one-day repurchase rate (THCBIR=ECI) , opens new tab at 2.25% at its final meeting of 2024.
All but two of 30 economists in a Reuters poll had predicted the key rate would be held steady this week. The two outliers had expected a 25 basis-point cut on Wednesday.
The median forecast in the poll was that rates would be cut by 25 basis points by mid 2025.
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https://www.reuters.com/markets/asia/thai-central-bank-holds-key-rate-steady-225-2024-12-18/