Bank of Thailand to Maintain Policy Rate at 1.5%
Bangkok | 24th May 2017
Bank of Thailand to maintain policy rate at 1.5%. All members of the monetary policy committee has voted to keep the rate at unchanged at 1.5%.
” All members voted to keep policy rate unchanged at 1.5% “
In deliberating their policy decision, the Committee assessed that the Thai economy’s growth outlook improved further despite facing risks especially on the external front. Headline inflation softened and might fall below the target in some periods mainly due to supply side factors.
The committee decided to keep the policy rate unchanged at this meeting and viewed that monetary policy should remain accommodative, and would be ready to utilize available policy tools to sustain economic growth whilst ensuring financial stability.
Official Press Release by Bank of Thailand