A painful choice
23 January 2014
Email
Share
The central bank’s decision to hold interest rates steady was a close call. Political unrest is taking a toll on growth. But a rate cut could hasten capital flight amidst a rollback of the Fed’s money-printing. A weaker baht may help exports but hurt borrowers with foreign debt.
This content is for Subscribers only
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.