Barclays: Thai central bank may resist interest rate hikes next year, focusing on structural economic issues
According to a report by Jinshi data, Barclays economists pointed out in the report that the Thai central bank may resist interest rate hikes next year, with growth prospects for 2026 expected to be below potential levels, and the inflation rate may be below the target of 1%-3%.
The Thai central bank focuses on maintaining a loose monetary policy, and the governor hopes to play a greater role in addressing structural economic issues. Even if price pressures rise, the central bank is unlikely to change its policy stance, with inflation being a lower priority than economic growth and financial stability.