According to news from Jinshi Data, Barclays Bank economists analyzed in their latest report that the Bank of Thailand may maintain the current interest rate level next year and is not inclined to take action on interest rate hikes. The institution predicts that Thailand's economic growth prospects until 2026 may fall below its potential level, while the inflation rate may remain below the target range of 1% to 3%.
The report points out that the current policy focus of the Bank of Thailand remains on maintaining a loose monetary environment, and its governor has also expressed a desire to play a more active role in addressing domestic economic structural issues. Barclays believes that even if there are upward price pressures in the future, the likelihood of the Bank of Thailand adjusting its monetary policy stance is low, as inflation is not the top priority in the current policy trade-off; stabilizing economic growth and the financial system are seen as more important tasks.
