Bank of Thailand likely to hold 1.00% rate through 2026
Barclays economists say the Bank of Thailand is likely to keep its policy rate at 1.00% through 2026 despite higher August inflation. Headline CPI rose 2.53% y/y versus 1.95% in July, as global energy prices surged.
The Bank of Thailand is likely to keep its policy rate at 1.00% through 2026 despite last month’s pickup in inflation, Barclays economists said in a note. Headline CPI rose 2.53% from a year earlier in August, up from 1.95% in July, as global energy prices climbed again.