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Bank of Thailand to hike rates by 25 bps on Aug 2

18 of 22 economists expect rates to rise to 2.25% on Aug 2; 4 expect rates on hold

A construction worker at a housing estate in Nonthaburi province. (Photo: Kitja Apichonrojarek)

BENGALURU: The Bank of Thailand (BoT) will deliver a final 25-basis-point interest rate increase on Aug 2 and then hold rates steady until 2025 as the inflation outlook remains high and uncertain, a poll found.

While annual headline inflation…

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