Analysts at TD Securities suggest that the Bank of Thailand is likely to keep policy unchanged at 1.75%.
Key Quotes
“BoT is in data-monitoring mode and appears to be in no rush to change policy from its accommodative setting. BoT will also want to see which way fiscal policy is driven under a new government before making any changes.”
“In any case, external risks “” in addition to slowing domestic growth and low inflation “” have taken off the table prospects for rate hikes.”
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