The Thai central bank goes against the preliminary tips and does not lower the interest rate from the current level of 1.5 percent. With the vote 5–2, the board under the new central bank chief Vitai Ratanakorn chose to go against a majority of market economists' preliminary tips of a reduction of 0.25 percentage points.
The surprising message now means that the central bank is applying the brakes after having lowered the interest rate by 100 points since October last year.
