# Thailand PM Seeks Emergency Central Bank Rate Cut After GDP Miss - Bloomberg

> Thai Prime Minister Srettha Thavisin asked the central bank to hold an unscheduled Monetary Policy Committee meeting to cut rates. He said the latest data show the economy is in crisis. The request followed weak fourth-quarter GDP data.

- Date: 2024-02-19 · published 2024-02-19T12:00:00.000Z
- Category: policy · region Asia · magnitude low
- Page: https://feedsoft.ai/events/31958-thailand-pm-seeks-emergency-central-bank-rate-cut-after-gdp-miss-bloomberg
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Political pressure for emergency easing raises the chance of a weaker baht if the central bank yields, which would raise dollar-denominated feed import costs for Thai buyers.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2024-02-19/thailand-pm-seeks-emergency-central-bank-rate-cut-after-gdp-miss

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