Bank of Thailand

February 8, 2017

There have been no central bank interest rate changes in Thailand since cuts of 25 basis points each in March and April of 2015. Six earlier such reductions had been spaced between November 2011 and March 2014. The latest policy review ended today with a unanimous vote to keep the interest rate at 1.5%, which constitutes its lowest level since June 2010 and represents an intentionally accommodative stance to promote growth and financial stability. Inflation is back in target and expected to rise further, but expected inflation remains consistent with the target.

Copyright 2017, Larry Greenberg. All rights reserved. No secondary distribution without express permission.

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