又一国央行，降息！

Core Viewpoint - The Bank of Thailand has lowered its benchmark interest rate by 25 basis points to 1.50%, marking the lowest level since February 2023, driven by weak domestic demand and external pressures such as U.S. tariffs [2][5][6]. Group 1: Monetary Policy Actions - The Monetary Policy Committee (MPC) of the Bank of Thailand unanimously decided to reduce the overnight repurchase rate by 25 basis points, making it the fourth rate cut in ten months [5]. - The current interest rate is the lowest since February 2023, reflecting ongoing economic challenges [5]. Group 2: Economic Conditions - The Thai economy is expected to grow at a rate close to previous assessments, but U.S. trade policies are anticipated to exacerbate structural issues and weaken competitiveness, particularly affecting small businesses [5][6]. - Inflation remains a concern, with the Consumer Price Index (CPI) in July showing a year-on-year decline of 0.7%, continuing a trend of being below the central bank's target range of 1%-3% for five consecutive months [6]. Group 3: Future Outlook - Analysts predict that the Thai economy will significantly slow down in the second half of the year, with signs of contraction in the tourism sector, a critical component of the economy [7]. - The current low interest rate leaves limited room for further cuts, although additional rate reductions may occur later this year due to moderate price pressures and weak growth prospects [8].