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

> 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.

- Date: 2019-06-27 · published 2019-06-27T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/58872-bot-likely-to-witness-pressure-on-rate-cut-if-fed-eases-monetary-policy
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Possible Thai rate cuts and a weaker dollar would be mild macro factors for Asian currencies and regional trade, with little direct effect on feed commodity prices.

## Read by commodity

- USDTHB: neutral

## Sources

- econotimes.com: https://econotimes.com/BoT-likely-to-witness-pressure-on-rate-cut-if-Fed-eases-monetary-policy-aggressively-says-Commerzbank-1555301

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