Thai central bank sees no rush to raise rates
Thailand central bank governor Vitai Ratanakorn stated there is no urgency to hike interest rates as inflation slows. The economy is projected to grow about 2.3 percent this year despite ongoing flood risks.
Thailand's central bank sees no urgency to raise interest rates from 1.00% as inflation slows toward 2%, Governor Vitai Ratanakorn said on Thursday. The benchmark rate has remained unchanged since August, with monetary policy focused on broader macroeconomic stability rather than structural growth constraints. Investors are weighing the central bank's dovish stance against rising economic risks from severe domestic flooding.
