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Thailand's Finance Minister Pichai Chunhavajira urged the central bank to cut interest rates and let the baht weaken to keep exports competitive. He estimated 2024 GDP growth at 2.6-2.7% and 2025 growth at 3-3.5%.
The central bank holds its policy rate at 2.25% and reviews it on February 26.
Pressure for a weaker baht and lower rates is a macro signal for Thai currency and demand, but it does not directly change feed grain or meal supply and demand.
bangkokpost.comBloombergJan 27, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
