Tue, 21 May 2013 08:46:04 GMT
Bank of Thailand is ready to cut rates if growth slows
The Thai central bank's governor indicated that rates might be cut, when the committee meets on May 29, due to slowing growth . The comment comes after Thailand reported 5.3% increase in GDP which missed expectations of 6% and forced the authorities to revise future projections downwards. The Finance Minister urged for rate cuts, but noted that government does not plan