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Bank of Thailand, South Korea GDP, Japan inflation on tap this week

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Bank of Thailand, South Korea GDP, Japan inflation on tap this week
Leslie Shaffer
CNBC.com

The Bank of Thailand will face a tough policy decision, while South Kore will release its fourth-quarter growth report and Japan offers up an inflation reading in a holiday shortened week.

On Wednesday the Bank of Thailand (BOT) will weigh in on monetary policy, faced with choosing between cutting interest rates to bolster a flagging economy or keeping them on hold amid rising concerns about debt levels.

Moody's Analytics expects the BOT to stand pat with its current 1.5 percent benchmark rate.

Full story: http://www.cnbc.com/2016/03/20/bank-of-thailand-south-korea-gdp-japan-inflation-on-tap-this-week.html

-- CNBC 2016-03-21

I expect before year-end a BOT rate cut totaling 0.5%, possibly done in two 0.25% rate cuts.

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