# Industry group calls for further cut in Thai policy interest rate | Thaiger

> The Federation of Thai Industries wants the Bank of Thailand's Monetary Policy Committee to cut the policy rate again from 1.5%. It expects the US Federal Reserve to cut rates this week and wants a local cut to limit baht gains.

- Date: 2019-09-16 · published 2019-09-16T12:00:00.000Z
- Category: policy · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/57350-industry-group-calls-for-further-cut-in-thai-policy-interest-rate-thaiger
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Calls for further easing point to currency-driven pressure on Thai industry; the direct effect on feed commodity prices is limited.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- thethaiger.com: https://thethaiger.com/news/business/industry-group-calls-for-further-cut-in-thai-policy-interest-rate

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