Bank of Thailand rate path under weak growth and controlled inflation

Description The Bank of Thailand is weighing how long to keep policy supportive as growth remains below potential while inflation stays relatively controlled. Overview The Bank of Thailand held its policy rate at 1.00% for a fourth consecutive meeting. The unanimous decision matched all 14 economists polled by The Wall Street Journal, with one committee member absent. The bank raised growth forecasts but said growth remains below potential despite AI-related momentum and projected a temporary inflation rise. Why it matters The rate path affects Thai borrowers, banks, investors and policymakers judging how much monetary support can continue without reigniting inflation. Key details • Policy rate held at 1.00%. • Fourth consecutive rate hold. • Decision was unanimous among attendees. • All 14 polled economists expected the hold. • Growth forecasts were raised.