6 Nov 2019
Bank of Thailand: Easing cycle likely over – ANZ
ANZ analysts think that today’s cut likely marked the end of the Bank of Thailand’s current easing cycle, unless growth fails to pick up in 2020.
Key Quotes
“The central bank today also announced several measures aimed at reining in THB strength. While these may help at the margin, other factors are likely to play a bigger role in influencing the THB’s trajectory, in our view.”