Bloomberg The Bank of Thailand unexpectedly cut its benchmark interest rate on Wednesday for the first time in more than four years to boost the economy, and said it sees more room to ease as global risks surge. The Monetary Policy Committee voted five to two to cut its key rate by a quarter-percentage point to 1.5%, the central bank ...

Bloomberg India’s central bank lowered its benchmark interest rate by an unconventional 35 basis points, its fourth reduction this year to support a slowing economy. The repurchase rate was reduced to 5.4%, the lowest since 2010, surprising most of the 40 economists surveyed by Bloomberg who had predicted a quarter-point cut. AasthaGudwani, an economist at Bank of America Merrill Lynch ...

Bloomberg Brazil’s central bank signaled an acceleration in economic growth will be slow even as a benign inflation outlook clears the way for more benchmark interest rate cuts and the government readies new stimulus. Gross domestic product (GDP) was likely stable or slightly positive in the second quarter and growth will probably show “some acceleration” going forward, policy makers wrote ...