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Foreign Investments at Risk as Thai PM and Central Bank Battle Over Rates

(Bloomberg) The escalating tug-of-war between Thai politicians and central bankers over interest-rate levels is clouding the outlook for local banks, setting the stage for a further exodus by foreign investors. Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneMusk Says First Neuralink Patient Received Implant in BrainMicrosoft Sales Top Estimates; Cloud Growth Disappoints SomeTech Giants Slide in Late Trading After Earnings: Markets WrapByron A

Headwinds Blow on Thai Lenders as Premier Battles Central Bank Chief Over Rates

(Bloomberg) The escalating tug-of-war between Thai politicians and central bankers over interest-rate levels is clouding the outlook for local banks, setting the stage for a further exodus by foreign investors. Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneMusk Says First Neuralink Patient Received Implant in BrainMicrosoft Sales Top Estimates; Cloud Growth Disappoints SomeTech Giants Slide in Late Trading After Earnings: Markets WrapUPS CEO

Foreign investments at risk as Thai PM and central bank battle over rates | Eduard Gismatullin & Thomas Kutty Abraham

The escalating tug-of-war between Thai politicians and central bankers over interest-rate levels is clouding the outlook for local banks, setting the stage for a further exodus by foreign investors.   Prime Minister Srettha Thavisin and his top aides are ramping up pressure on the Bank of Thailand to cut rates…

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