2024 Remains Challenging For The Thai Economy

Poon Panichpibool, Markets Strategist, Krung Thai Bank

07-Feb-24 07:30

2024 Remains Challenging For The Thai Economy

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The Bank of Thailand is expected to stand pat on its interest rates later today as the embattled Thai economy recorded its fourth consecutive month of negative inflation in January. Thai Prime Minister, Srettha Thavisin has called for coordinated fiscal and monetary policy to revive the struggling economy. Poon Panichpibool, Markets Strategist, Krung Thai Bank provides some insights on recent developments surrounding the Thai economy.

Image credit: Shutterstock.com

Produced by: Chin Wai Lun

Presented by: Wong Shou Ning, Philip See

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Categories: economy, international, markets

Tags: deflation fiscal monetary policy, thai economy, interest rate reduction,

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