Thai central bank chief says interest rates cannot address everything
THAILAND must use a mix of policies in handling the economy and interest rates cannot address everything, its central bank governor said on Tuesday, adding monetary policy would be outlook-dependent.
The country must build buffers for economic resiliency and the Bank of Thailand was not focusing on giving forward guidance, Governor Sethaput Suthiwartnarueput told a business forum. He also said debt support measures would be announced next week. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
Three ex-employees of Envy group join Ng Yu Zhi in bankruptcy
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
If AI has a one-in-five chance of destroying us, what do we do with the remaining four?