Interest rates projection to continue increasing

Interest rates projection to continue increasing

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Research homes anticipate more in 2023 released : 5 Jun 2023 at 05: 37 The Bank of Thailand’s Monetary Policy Committee increased its policy rate by 0.25 portion points to 2% on May31 Research homes anticipate the Bank of Thailand to raise its policy rate one or 2 extra times this year duetothefactthat of an benefit danger to inflation as the economy recuperates. SCB Economic Intelligence Center (EIC), a researchstudy system of Siam Commercial Bank, forecasts the main bank’s Monetary Policy Committee (MPC) will raise its policy standard rate by a quarter portion point in both August and September. Under the forecast, the rate would boost to 2.5% from the present 2%. Even however the inflation rate is within the main bank’s target variety of 1-3%, an advantage threat to inflation stays, stated SCB EIC. Inflationary pressure from the need side is anticipated to boost as the tourist sector recuperates. The researchstudy home anticipates company operators to pass on greater c
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