Analysts at Australia and New Zealand Banking Group (ANZ) believe that the price pressures in Thailand are likely to remain softer and could prompt a rate cut by the Thai central bank. Key quotes: “Thailand’s headline inflation slowed to 0.74% y/y in February, dipping back below the central bank’s target band of 1-3%. The pullback mainly reflected lower energy prices, while core inflation ticked up. The big picture is that the combination of weak price pressures, heightened growth risks, and rising pressure for a coordinated global response to the COVID-19 outbreak suggests a further rate cut by the Bank of Thailand (BoT) now looks more likely than not.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Dash Price Market Update: DASH/USD bulls step on the throttle to test $90 FX Street 2 years Analysts at Australia and New Zealand Banking Group (ANZ) believe that the price pressures in Thailand are likely to remain softer and could prompt a rate cut by the Thai central bank. Key quotes: “Thailand’s headline inflation slowed to 0.74% y/y in February, dipping back below the central bank’s target band of 1-3%. The pullback mainly reflected lower energy prices, while core inflation ticked up. The big picture is that the combination of weak price pressures, heightened growth risks, and rising pressure for a coordinated global response to the COVID-19 outbreak suggests a further rate cut by the Bank of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
