Barclays economists wrote in a report that the Bank of Thailand may be very reluctant to raise interest rates next year. The country's growth prospects for 2026 are expected to fall below potential levels, and the inflation rate is likely to remain below the Bank of Thailand's target range of 1%-3%. The central bank's focus is to maintain a loose monetary policy, and Governor Vitai Ratanakorn wants the Bank of Thailand to play a greater role in solving the country's economy's structural problems. These economists said that even if price pressure rises, the Bank of Thailand may not change its policy stance. They pointed out that in the central bank's priorities, inflation usually ranks lower than growth and financial stability.

Zhitongcaijing · 2d ago
Barclays economists wrote in a report that the Bank of Thailand may be very reluctant to raise interest rates next year. The country's growth prospects for 2026 are expected to fall below potential levels, and the inflation rate is likely to remain below the Bank of Thailand's target range of 1%-3%. The central bank's focus is to maintain a loose monetary policy, and Governor Vitai Ratanakorn wants the Bank of Thailand to play a greater role in solving the country's economy's structural problems. These economists said that even if price pressure rises, the Bank of Thailand may not change its policy stance. They pointed out that in the central bank's priorities, inflation usually ranks lower than growth and financial stability.