Thailand holds rates as trade talks with US continue
Central bank says tariffs are among reasons for projected economic slowdown in 2025
Thailand’s central bank announced today (June 25) that its monetary policy committee (MPC) had voted 6–1 to keep its policy rate at 1.75%.
The Bank of Thailand (BoT) said it expected inflation to remain “subdued” and reach 1% this year and 0.9% in 2026. It added that inflation expectations over the medium term were within its target range.
The bank said growth in the first half of the year had been stronger than expected owing to the front-loading of exports ahead of the anticipated announcement
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