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The Bank of Thailand's Monetary Policy Committee unanimously kept its one-day repurchase rate at 1.50%, unchanged since April 2015. The committee said policy should remain accommodative and flagged US trade policy, China's reforms and geopolitical risks.
A prolonged hold keeps Thai borrowing costs low, supporting domestic livestock and poultry demand for feed. The effect on global feed prices is minimal.
businesstimes.com.sgMay 24, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
