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Posted
3 hours ago, webfact said:

despite repeated calls from the government to lower it by 0.25% to help borrowers.

And get further into debt. 

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Posted
7 hours ago, webfact said:

One MPC member did vote to cut the one-day repurchase rate by 0.25%.

Likely the same member who has voted for a rate cut in the last four MPC meetings. The MPC seems to be the only agency that displays unintimidated consistency to economic policies. Unfortunately the Thavisin government has not.

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Posted
18 hours ago, nobodysfriend said:

The BOT did not bow to the pressure of the politicians . Bravo . Stay independent .

 

independent? same as all the other national banks that can print money out of thin air

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