0636 GMT - The Bank of Thailand could keep its policy rate at 2.00% on Wednesday, OCBC economists write in a note. Thailand's 1Q GDP growth likely held up, and further frontloading of exports to the U.S. may support growth in 2Q, they say. A more proactive approach from fiscal policy also reduces the need for imminent monetary policy support, they add. The government has indicated that it's ready to ramp up fiscal support in the face of significant downside risks to growth, they note. However, OCBC sees more room for monetary policy easing in the months ahead, and expects a cumulative 50 bps of rate cuts in 2H.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
April 29, 2025 02:36 ET (06:36 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。