Government House, Oct 15 – “Pichai”, Finance Minister, expects the MPC meeting tomorrow to cut interest rates because it is appropriate for the economy that is recovering – domestic inflation is still low.
Mr. Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance, gave an interview about the Monetary Policy Committee meeting tomorrow (October 16). The Ministry of Finance would like to see the direction of interest rates. If we look at it from various analysts, we see that the country’s economy is ready to grow. We want to see fast growth because Thailand has had low growth for a long time. As for the growth condition that everyone is worried about, it is inflation. But today, it is clear that inflation in the country is low. In principle, if the interest rate is reduced, money will flow in and it will have a continuous effect on other matters as well, including the exchange rate. He thinks that the information communicated by many parties will reach the MPC. He thinks that the MPC will consider
this matter. However, he cannot answer because he did not attend the meeting. However, he still thinks that the timing of the interest rate reduction is still appropriate for the economy that needs to accelerate. -314.-Thai News Agency
Source: Thai News Agency