Thai Central Bank Keeps Interest Rate Unchanged, as Expected
8 Articles
8 Articles
Thai central bank keeps interest rate unchanged, as expected
The Monetary Policy Committee (MPC) unanimously decided to maintain the interest rate at 1.00%. They indicated that the Thai economy is being boosted by technology and AI, but growth remains below potential and concentrated in certain sectors. They project GDP growth of 2.4% in 2026, before slowing to 2.1% in 2027 due to high household debt, fragile purchasing power, a slowdown in tourism, and a contraction in SME lending. They also noted concer…
Dr. Amorntep of CIMB Thai Bank assesses that the Monetary Policy Committee (MPC) will maintain the policy interest rate at 1% at its meeting on October 28. He is concerned about the slow recovery and continued low growth of the Thai economy. Regarding the meetings of various central banks, he expects the Fed to keep interest rates unchanged this time, while the European Central Bank and the Bank of Japan have a chance to raise interest rates… Re…
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