35.9 C
Bangkok
Sunday, April 28, 2024

Thailand Signals Rate Hikes After Opting for Hawkish Pause

Thailand’s central bank kept its benchmark interest rate steady in a split decision on Wednesday, as it flagged mounting inflation risks, and signaled its next move may be an increase.

Article content

(Bloomberg) — Thailand’s central bank kept its benchmark interest rate steady in a split decision on Wednesday, as it flagged mounting inflation risks, and signaled its next move may be an increase.

Advertisement 2

Article content

The Bank of Thailand’s rate-setting committee voted 4-3 to keep the benchmark rate at a record low 0.5%, according to a statement. The decision was forecast by 22 out of 24…

Read more…

Latest Articles