Thai Baht: Extended policy pause expected from Bank of Thailand – DBS
DBS economists Taimur Baig and Radhika Rao expect the Bank of Thailand (BoT) to keep its policy rate unchanged at 1.00% in August, extending the pause after June’s unanimous decision.
DBS economists anticipate the Bank of Thailand will maintain its 1.00% policy rate through August, extending the recent pause. They note uneven economic growth, with private consumption and tourism weakening but export and investment remaining robust. Inflation has eased to 1.9% year-on-year in July, still within the central bank's 1-3% target. The BoT retains flexibility to keep policies accommodative to bolster recovery and complement fiscal efforts amid geopolitical uncertainties.
Written by urgent.news from FXStreet's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
