Thai central bank holds key rate steady at 2.25%
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FILE PHOTO: Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. REUTERS/Jorge Silva/File Photo
BANGKOK (Reuters) - Thailand's central bank left its key interest rate unchanged on Wednesday, as widely expected, after delivering a surprise cut at its previous meeting in October.
The Bank of Thailand's monetary policy committee voted unanimously to keep the one-day repurchase rate at 2.25% at its final meeting of 2024.
All but two of 30 economists in a Reuters poll had predicted the key rate would be held steady this week. The two outliers had expected a 25 basis-point cut on Wednesday.
The median forecast in the poll was that rates would be cut by 25 basis points by mid 2025.
(Reporting by Orathai Sriring, Kitiphong Thaichareon and Thanadech Staporncharnchai; Editing by Martin Petty)
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