MPC meeting on schedule next week despite US slashing key rate to zero

The MPC is due to meet on March 25, as scheduled, the BOT said.

“The Fed rate cut demonstrates concerns over market conditions in the US, we will closely monitor how markets will react and how it affects confidence in the markets,“ Chantavarn Sucharitakul, assistant governor of the BOT, said on Monday (March 16)
Some analysts expect the MPC to cut the policy rate by another 25 basis points to 0.75 per cent in the coming meeting in response to the impact of the coronavirus outbreak. The current rate is one per cent after the central bank's last rate cut.
The Federal Reserve announced on Sunday that it would drop interest rates to zero and buy at least $700 billion in government and mortgage-related bonds as part of a wide-ranging emergency action to protect the economy from the impact of the coronavirus outbreak.
The moves, the most dramatic by the US central bank since the 2008 financial crisis, are aimed at keeping financial markets stable and making borrowing costs as low as possible as businesses around the country close and the US economy hurtles towards a recession, the Washington Post reported.
The Fed, led by chairman Jerome Powell, effectively cut its benchmark by a full percentage point to zero. The benchmark US interest rate is now in a range of zero to 0.25 per cent, down from a range of 1 per cent to 1.25 per cent.
In addition to rate cuts, the Fed announced that it would restart the crisis-era programme of bond purchases known as "quantitative easing" in which the central bank buys hundreds of billions of dollars in bonds to further push down rates and keep markets flowing freely. 
The Fed is also giving more-generous loans to banks across the country so they can turn around and offer loans to small businesses and families in need of a lifeline.