The Bank of Thailand (BoT) is expected to raise the raise its 1-day repurchase policy rate by 25 basis points in November, according to the latest report from ANZ Research. The central bank has maintained its benchmark interest rate at 1.50 percent in a 6-1 vote by its Monetary Policy Committee members in its latest policy meeting held today.
Apart from the potential for headline inflation to rise at a slightly faster rate than previously assessed due to elevated crude oil prices and a more upbeat assessment of export performance, the policy statement was largely unchanged from the previous one.
Nonetheless, in a post-policy media briefing, Assistant Governor Jaturong Jantarangs said that the need to use accommodative monetary policy will continue to lessen over time, although it is hard to identify the exact time.
"We assess that conditions for policy normalisation are slowly but surely coming together. Headline inflation has now moved into the BoT’s target range whereas the growth environment seems solid," the report added.


Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens
U.S. Stocks End Q2 Higher as Strong Jobs Data and AI Rally Lift Wall Street
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery
Chip Stocks Rally as Samsung and SK Hynix’s $1.3 Trillion Investment Plan Boosts AI Optimism
RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists
US Stock Futures Hold Steady Ahead of June Jobs Report as Fed Rate Outlook Remains in Focus
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated
Asian Currencies Slip as Dollar Holds Firm, Yen Near Four-Decade Low Ahead of Fed, Jobs Data
Asian Stocks End Strong Quarter as Dollar Surges, Yen Hits 40-Year Low Ahead of US Jobs Data
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027 



