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Nomura: The Bank of Thailand May Become More Cautious
Golden Finance reports that on April 27th, Nomura economists stated in a report that the Bank of Thailand may adopt a more cautious tone this week while maintaining the policy interest rate at 1.00%. They indicated that the Bank of Thailand might shift from its previous neutral stance to a more accommodative one. They said the central bank may acknowledge new shocks brought by the Middle East war and warn that this could pressure Thailand’s near-term growth outlook. Nomura expects that, in the case of energy price shocks triggered by the Middle East conflict, the Bank of Thailand will ignore the rebound in inflation. (Dongxin News Agency)