BoT likely to witness pressure on rate cut if Fed eases monetary policy aggressively, says Commerzbank

Commerzbank says the Bank of Thailand faces strong pressure to cut rates if the Fed eases aggressively. The central bank kept rates unchanged and cut its 2019 growth forecast to 3.3% from 3.9%, projecting zero export growth.

It warned that baht gains of nearly 6% this year could hurt exports.