Thailand's central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday, as expected, seeking to support the underperforming economy which is facing fresh pressure from steep U.

BANGKOK] Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to support an underperforming economy facing uncertainty over steep US tariffs.

The Bank of Thailand (BoT) may be convinced to wield its limited policy ammunition and deliver another rate cut after the governor warned that the economy faces a "storm" from the global trade war.