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Standard Chartered Bank lowers Thailand's 2025 growth forecast, anticipates policy rate cut in April meeting

Standard Chartered Bank has lowered Thailand's 2025 economic growth to 2.4% from 2.8%, expecting the Bank of Thailand's Monetary Policy Committee to cut its policy rate by 25 basis points at the meeting in April. "Ongoing uncertainty is a challenge for central banks. We have lowered our 2025 GDP growth forecast for Thailand to 2.4% from 2.8% to reflect increasing global trade uncertainty and the impact of the March earthquake, particularly on private spending, the tourism sector and the property

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