Thailand's economy grew less than expected in the fourth quarter adding pressure on the central bank to cut its interest rates amid negative inflation.
The economy expanded 1.7 percent on a yearly basis in final quarter of 2023, the National Economic and Social Development Council said Monday. Although this was faster than the 1.4 percent rise seen in the third quarter, the rate missed economists' forecast of 2.5 percent growth.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.