Deposits
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The MPC delivered a 25-bps cut, bringing the policy rate to 1%. In line with the BOT’s stated stance, we expect the policy rate to remain steady throughout 2026, unless a significant negative shock materializes.
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Krungsri Research Flash
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The MPC unanimously held the policy rate at 1.00% p.a., amid low and uneven growth and contained pass-through effects.
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Krungsri Research Flash
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Trade war heightens risks to global economy, supporting central banks to cut rates this year. China still depends on economic stimulus.
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Middle East tensions persist, trade war risks rise, China’s growth remains uneven, and Thai economic slowdown keeps rates on hold.
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Japan’s transition underway; China’s monetary easing has limited impact; Thailand increases reliance on monetary policy.
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2021 Recap: Two COVID-19 waves undermined economic recovery
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The flood situation in the Southern region from November 17-25, 2025, has caused damage across 12 provinces. Currently, 9 provinces remain affected:
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The MPC holds the policy rate at 1.00%, viewing policy adjustment as a risk to growth–inflation dynamics,
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