10 Apr 2024
Econ Digest
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24 Oct 2023
18 Oct 2023
24 Jan 2023
First MPC meeting of the year scheduled for January 25, 2023…the MPC is expected to raise its policy rate by 0.25% amid inflationary pressure and economic recovery trend ... Read more
1 Dec 2022
The MPC has raised its policy rate by 0.25%, which is expected to peak at 2.00% in 2023... Read more
28 Nov 2022
The Monetary Policy Committee (MPC) is expected to raise its policy rate by another 0.25% to 1.25% at its last meeting of 2022 amid mounting inflationary pressures while the Thai economy is set to gradually recover ahead. Thailand's headline inflation rate in October fell for the second consecutive month, but remained above the MPC's target. Core inflation increased slightly over the previous month, which reflects the continued acceleration in overall product prices. Inflationary pressures from fuel prices began to ease, and the Thai economy is projected to rebound steadily after growing by 4.5% YoY during 3Q22. The MPC may, therefore, consider raising its policy interest rate by another 0.25% at its upcoming meeting. It is expected that the MPC will gradually hike its policy rates as earlier signaled. Meanwhile, pressure from currency-related issues has begun to decline after the Baht has strengthened in line with the weakening U.S. dollar... Read more
27 Sep 2022
The MPC is set to raise its policy rate by another 0.25% amid pressure from a weaker Baht at a 16-year low... Read more
22 Sep 2022
The Baht falls to a nearly 16-year low after the Fed raises interest rates... Read more
21 Sep 2022
Under high inflationary pressures, the U.S. Federal Reserve (Fed) is expected to raise its policy rate by another 0.75% at the Federal Open Market Committee (FOMC) meeting slated for September 20-21, 2022, as the U.S. headline inflation rate for August remained above market expectations, despite a second consecutive monthly decline. Meanwhile, core inflation, excluding highly volatile food and energy prices, has accelerated again, suggesting broad-based and increased inflationary pressures even as energy costs, particularly oil, have declined. The latest data shows that the U.S. labor market remains robust. Despite a slight increase in the August unemployment rate, non-farm payrolls came in above market expectations while jobless claims during the week of July 4-10, 2022 also fell to the lowest level in more than three months. ... Read more