Eugene Tan, associate economist at Moody's Analytics, said the Bank of Thailand may cut its key policy interest rate by 25 basis points at Wednesday's meeting. Tan said that economic growth is still below potential and is likely to lose momentum further as consumption slows and private investment shrinks in the June quarter. Furthermore, the decline in industrial production in August also highlighted the difficulties of the manufacturing industry to recover. Cutting interest rates to stimulate demand would be an appropriate response to the latest economic data.

Eugene Tan, associate economist at Moody's Analytics, said the Bank of Thailand may cut its key policy interest rate by 25 basis points at Wednesday's meeting. Tan said that economic growth is still below potential and is likely to lose momentum further as consumption slows and private investment shrinks in the June quarter. Furthermore, the decline in industrial production in August also highlighted the difficulties of the manufacturing industry to recover. Cutting interest rates to stimulate demand would be an appropriate response to the latest economic data.