Thailand's central bank lowered its key interest rate by 25 basis points to 1.00 percent in a 4-2 vote on Wednesday, defying expectations for no change.
"Most committee members voted to cut the policy rate by 0.25 percentage point, from 1.25 to 1.00 percent, to ensure that financial conditions remain supportive of economic recovery and to further alleviate debt burdens for SMEs and households, as well as to anchor medium-term inflation expectations amid heightened downside risks," the central bank said.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.