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Thai Monetary Policy Committee News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Putting a dampener on Thai recovery

After three years in which the economy suffered from Covid effects, I am sorry to say that 2023 will not be the year of economic recovery as everyone had hoped. The global economy will still be plagued by inflation threats and several adverse factors such as excessive debt and the Russia-Ukraine war. These negative factors prompted the World Bank to revise its global economic growth prospects downward from 3.0% to 1.7% for 2023. The key point is a marked slowdown from 2.9% growth in 2022.

Thailand s inflation could reach 5 9% – the highest for 24 years | Thai PBS World : The latest Thai news in English, News Headlines, World News and News Broadcasts in both Thai and English We bring Thailand to the world

Thailand s inflation could reach 5 9% – the highest for 24 years | Thai PBS World : The latest Thai news in English, News Headlines, World News and News Broadcasts in both Thai and English We bring Thailand to the world
thaipbsworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thaipbsworld.com Daily Mail and Mail on Sunday newspapers.

Globlex keen on firms using cannabis

Spectre of 2023 global recession looms

In economics, there is no such thing as a surprise. Major economic events like rising inflation, interest rate hikes, currency depreciation, even economic recession can be detected as far as a year ahead.

Thai interest rate policy needs changing

On March 16, the Federal Open Market Committee (FOMC), the US equivalent of Thailand's Monetary Policy Committee, raised its policy interest rate (Fed Funds Rate) by 25 basis points from 0.00%-0.25% to 0.25%-0.50% to tame rising inflation.

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