BoT likely to hike rates if others do, says assistant governor
Don Nakornthab says Thailand’s low inflation means tightening would also come later than elsewhere
An assistant governor at the Bank of Thailand (BoT) says it would be likely to follow other central banks if they tightened policy in response to the Middle East conflict, though it will not raise rates immediately.
Don Nakornthab, the BoT’s assistant governor for monetary policy, tells Central Banking that Thailand’s ongoing deflation puts it in a better position than other monetary authorities to “look through” inflation caused by oil price shocks. He says the bank’s future monetary policy
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