Fed’s Moves Not to Influence Thailand’s Rate Path, Sethaput Says

(Bloomberg) — Thailand’s central bank will stick with its “gradual and measured” policy tightening path even as peers resort to large interest-rate increases to keep pace with the US Federal Reserve, according to Governor Sethaput Suthiwartnarueput.

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(Bloomberg) — Thailand’s central bank will stick with its “gradual and measured” policy tightening path even as peers resort to large interest-rate increases to keep pace with the US Federal Reserve, according to Governor Sethaput Suthiwartnarueput.

Article content

That approach means the Bank of Thailand doesn’t see the need to undertake large moves, while being open to either pause or even deploy half-point hikes…