# Bangkok Post - BoT chief rules out emergency rate meeting

> Bank of Thailand Governor Sethaput said there is no need for an emergency meeting to cut rates, arguing that slow growth stems from structural issues. He rejected the prime minister's call for an urgent cut. Headline inflation has been negative for four months, and the Feb 7 hold vote was not unanimous.

- Date: 2024-02-21 · published 2024-02-21T12:00:00.000Z
- Category: policy · region Asia · magnitude low
- Page: https://feedsoft.ai/events/31957-bangkok-post-bot-chief-rules-out-emergency-rate-meeting
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

The central bank's refusal to cut keeps the baht supported relative to expectations of easing, which trims the upside in dollar-priced Thai feed import costs.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2746018/bot-chief-rules-out-emergency-rate-meeting

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.