Thai PM Seeks Emergency Rate Cut, Clashing with Central Bank Chief as Economy Slumps
- Thai PM calls for emergency rate cut from central bank, bypassing scheduled meeting
- Central bank governor has not responded, tensions between him and PM are rising
- Diverging views on economy and policy spooking investors, weakening baht
- Economy showed further signs of weakness in Q4 GDP data
- Cash stimulus plan from PM criticized as inflationary amid deflation