Display mode (Doesn't show in master page preview)

2 Feb 2024

Financial Institutions

The MPC is expected to maintain its policy rate at 2.50% in its meeting slated for February 7, 2024, and there is a higher possibility that the rate will be cut during 2H24 (Business Brief No.4033)

คะแนนเฉลี่ย

        The Bank of Thailand’s 2024 monetary policy stance at the Monetary Policy Committee (MPC) meeting on February 7, 2024: It is expected that the MPC will keep its policy rate steady at 2.50 percent as it deems that the current neutral rate is appropriate although inflation has remained in negative territory due to the short-term factors.  
         KResearch views that there is a higher possibility that the MPC will begin cutting its policy rate during 2H24 if the Thai economy grows lower than its prior estimate, particularly during 1Q24 because of the delay in budgetary disbursements and uncertainty surrounding the digital wallet measure.

Financial Institutions

Monetary Policy Committee