Thai central bank governor says no rush to raise rates
Vitai Ratanakorn signalled no urgency to raise borrowing costs ahead of the October 28 policy review, while warning that monetary policy cannot fix structural growth constraints.
News. Context. Perspective.
Topic
The latest NewsJaws reporting on World Bank: developments, background and what happens next, with every source linked.
2 NewsJaws reports, latest
Vitai Ratanakorn signalled no urgency to raise borrowing costs ahead of the October 28 policy review, while warning that monetary policy cannot fix structural growth constraints.
Thailand’s consumer confidence index slipped to 52.1 from 53.2. Flood losses remain an estimate, while a recovery in sentiment depends on several conditions.