Inflation target likewise on program as federalgovernment continues to press for interest rate cut PUBLISHED : 24 Sep 2024 at 14: 37 (Photo: Reuters) The Ministry of Finance and the Bank of Thailand will fulfill next week to goover the strong baht and the nation’s inflation target, minister Pichai Chunhavajira stated on Tuesday, as the federalgovernment continues to push for an interest rate cut. The strategy to lookfor a evaluation of the inflation target follows months of federalgovernment pressure on the main bank to cut the rate from a decade-high 2.50%, in a quote to increase development of an economy that hasactually been havingahardtime to take off
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