SCB EIC’s Expectation Comes True as MPC Raises Policy Rate to 2.5%, Reaching Neutral Level
The Thai Monetary Policy Committee has raised the policy rate from 2.25% to 2.50% due to the country’s recovering economy, but at a slower pace. Growth is expected to pick up in 2024, and inflation is projected to increase. The committee will monitor government economic policies’ impact on growth and inflation. The overall financial system […]