THURSDAY, March 28, 2024
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Policy rate expected to remain unchanged

Policy rate expected to remain unchanged

Kasikorn Research Centre expects the Monetary Policy Committee (MPC) to leave the policy rate unchanged at 1.50 per cent in its July-7 meeting and for the rest of this year.


This forecast comes from expectations on limited impact from the Federal Reserve’s likely interest-rate rise on the Thai economy as well as Thailand’s continuing economic recovery, the research centre said.
With inflationary pressure easing, the MPC is prompted to maintain the policy rate at the low level.
In the next three to six months, given more external uncertainties particularly international political conflicts in Syria and the Middle East, the US political developments and the Fed's rate decision need to be monitored, the Centre noted.

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