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Thailand’s inflation will likely slow down this year and there is no need for the central bank to raise interest rates aggressively like other countries, Bank of Thailand (BoT) deputy governor Mathee Supapongse said on Wednesday. Policy normalisation will be gradual and will not affect the ...

Thailand’s core inflation surged to the highest since 2008 on higher energy and food costs, piling pressure on the nation’s central bank to start raising interest rates.Core price gains, which strips out volatile food and fuel items, was 3% in July, quickening from 2.51% a ...

Like all countries in the world, the Bank of Thailand (and Monetary Policy Committee, or MPC) believes they can run monetary policy independently based on local economic conditions.That belief is hard to fathom in today’s liquid international capital market where money can move from one ...

Thailand’s central bank will not raise interest rates from a record low for more than a year in a bid to support an economy still struggling to recover from the pandemic despite a jump in inflation, a Reuters poll found.While inflation in the tourism-dependent economy ...

The Bank of Thailand (BoT) is expected to leave its benchmark interest rate at a record low on Wednesday after two cuts this year, a Reuters poll showed, although it was likely to downgrade its growth outlook again.All 16 economists in the poll predicted the ...

Economists foresee further cuts in Thailand’s policy interest rate next year — but not next month — after the central bank governor said policymakers are prepared to act if economic growth worsens, though will avoid taking interest rates below zero.“In the short term, we are ...