Bank of Thailand expected to hold rate at 1% for fourth straight meeting

Bloomberg ·
Bank of Thailand expected to hold rate at 1% for fourth straight meeting
  • Economists surveyed by Bloomberg News forecast the Bank of Thailand's Monetary Policy Committee will hold the one-day repurchase rate at 1% on Wednesday, the fourth straight unchanged decision.
  • The policy debate in Thailand has shifted from further easing to when policymakers start raising borrowing costs.
  • Recent policy decisions in Singapore and the Philippines defied market expectations, with the Philippines delivering a jumbo hike.

Quotes

“will leave the one-day repurchase rate at 1% on Wednesday”— Bloomberg News

Sources