As Thailand's economic growth continues to weaken, the Bank of Thailand kept interest rates unchanged for the third time in a row. Despite the energy price impact brought about by the situation in the Middle East, domestic inflation in Thailand is still within the target range, making it unnecessary for the Bank of Thailand to raise interest rates to contain price increases like many other central banks. The Bank of Thailand's Monetary Policy Committee voted unanimously on Wednesday to keep the policy interest rate unchanged at 1.00%, in line with market expectations. Despite government stimulus measures, Thailand is still facing weak domestic consumption and high household debt. Economic growth slowed sharply in the second quarter, and unless inflation heats up significantly, it seems unlikely that interest rates will be raised in the short term.

As Thailand's economic growth continues to weaken, the Bank of Thailand kept interest rates unchanged for the third time in a row. Despite the energy price impact brought about by the situation in the Middle East, domestic inflation in Thailand is still within the target range, making it unnecessary for the Bank of Thailand to raise interest rates to contain price increases like many other central banks. The Bank of Thailand's Monetary Policy Committee voted unanimously on Wednesday to keep the policy interest rate unchanged at 1.00%, in line with market expectations. Despite government stimulus measures, Thailand is still facing weak domestic consumption and high household debt. Economic growth slowed sharply in the second quarter, and unless inflation heats up significantly, it seems unlikely that interest rates will be raised in the short term.