Thai Central Bank Likely to Hold Rate as Inflation Stays Contained

Dow Jones07-06 15:44

0744 GMT - The Bank of Thailand is likely to keep its policy rate unchanged at 1.00% for the rest of the year, with inflation expected to remain contained, Goldman Sachs economists say in a note. Headline inflation cooled to 2.42% in June from May's 2.79%, driven by lower fuel prices. Thailand's central bank has since April maintained that headline inflation is unlikely to be broad-based or persistent, suggesting that it is willing to look through the temporary supply-side shock. "Today's sharper-than-expected disinflation should further reinforce the BOT's assessment," the economists say. (amanda.lee@wsj.com)

 

(END) Dow Jones Newswires

July 06, 2026 03:44 ET (07:44 GMT)

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