Research house expects MPC to keep policy rate at 1.5%

MONDAY, MAY 22, 2017
Research house expects MPC to keep policy rate at 1.5%

Kasikorn Research Centre forecasts that the Monetary Policy Committee will maintain the policy interest rate at 1.50 per cent at its meeting on May 24, at a time when the country’s economy is showing signs of recovery.

Meanwhile, its research also suggests that the US Federal Reserve’s likely decision to increase US interest rates at its next meeting, as well as the US government policy to reduce the national budget deficit, will both have an effect on Thailand’s economy in the long term.