The Bank of Thailand likely will maintain its 2.50% interest rate, despite recent inflation increases. Economic growth may improve with rising tourism and government spending initiatives, amid high household debt.
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The Bank of Thailand likely will maintain its 2.50% interest rate, despite recent inflation increases. Economic growth may improve with rising tourism and government spending initiatives, amid high household debt.
Majority of economists anticipate the interest rate to remain unchanged, with a potential 25 basis point reduction in the upcoming quarter, in contrast to previous forecasts.
The Bank of Thailand is expected to maintain its benchmark interest rate at 2.50% due to projections of inflation entering the target range and anticipated economic upturn.
Thailand’s economic growth is projected to average 2.5% for the current year, with expectations of a slight increase to 2.9% in 2025, reflecting a downward révision from earlier forecasts.
The Bank of Thailand (BOT) is expected to maintain its benchmark interest rate at 2.50% during its next meeting, reflecting a consensus among…