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Thailand: End Of Rate Cuts? Military Coup A Good Thing?

Thailand’s central bank cut this year’s growth forecast nearly by half to 1.5 per cent but sees a much brighter 2015 as the new military government tries to reinvigorate the economy after prolonged political turmoil. While slashing this year’s growth projection from the 2.7 per cent seen in March, the BOT raised next year’s growth…