Deposits
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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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The MPC holds the policy rate at 1.00%, viewing policy adjustment as a risk to growth–inflation dynamics,
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The MPC kept the policy rate unchanged at 1.00% p.a. Given the policy stance assessed as accommodative,
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The global economy faces increased uncertainty as Trump plans to escalate trade war. Thailand keeps eye on MPC decision this week.
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MPC maintains policy rate at 1.50%; anemic outlook should allow policy space to be sacrificed, with two cuts expected by 1H 2026
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High fiscal-risk economies face mounting pressure from elevated bond yields. Thai MPC is expected to hold rates and favor targeted measures.
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U.S. imposes a 15% tariff for 150 days. In Thailand, loan growth still contracts while MPC is expected to hold rates on February 25.
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U.S. prepares major sanctions on Iran, raising uncertainty. In Thailand, MPC is expected to hold rates despite loan growth hitting a 3-year high.
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U.S.-Iran resume military action for the first time in a month. Thai exports expand unevenly, and MPC is expected to maintain rates further.
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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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