Overview

• The Bank of Thailand has kept its benchmark interest rate unchanged for the fifth consecutive meeting.
• Governor Sethaput Suthiwartnarueput stated that the central bank is prepared to adjust policies if economic conditions worsen.
• Prime Minister Paetongtarn Shinawatra's administration is reviewing a $15 billion cash-handout program initiated by her predecessor.
• Sethaput highlighted the need for a policy mix, not just interest rate changes, to tackle Thailand's economic challenges.
• The central bank aims to balance independence with accountability while working closely with the finance ministry.