Inflation spike may tilt odds in favour of early rate hikes
ANZ says BoT is likely to turn less dovish
Retail inflation is poised to accelerate from a 13-year high with the government lifting a freeze on some retail fuel prices, boosting the odds for the Bank of Thailand (BoT) to pivot away from its pandemic-era monetary policy accommodation.
Retail diesel prices will increase from May 1 after efforts to subsidise the fuel ended up with the Oil Fuel Fund accumulating 56 billion baht in debt….
