According to Jinshi, Asia has not yet started a rate cut cycle, and many people are speculating who will be the first country in the region to start cutting interest rates. Nomura Securities Southeast Asia Chief Economist Euben Parakouris believes that the Bank of Thailand is most likely to be the first central bank to take action to cut interest rates. Thailand's economic growth has not met expectations. However, due to the possible pressure from the government to cut interest rates, the Bank of Thailand may hesitate on this issue, as it may not want to be seen as sacrificing its independence and wants to show a position that it will only start cutting interest rates when it is in line with its own judgment and when conditions are ripe. However, if economic data clearly shows that the growth trend has not improved, this pressure may prompt the central bank to take interest rate cuts. The time for rate cuts may be coming soon.