Bank of Thailand Holds Rate at 1.00% as It Lifts 2026 Growth View to 2.3%
Updated
Updated · Bangkok Post · Jul 8
Bank of Thailand Holds Rate at 1.00% as It Lifts 2026 Growth View to 2.3%
3 articles · Updated · Bangkok Post · Jul 8
Summary
Minutes from the June 24 meeting showed the Bank of Thailand unanimously kept its one-day repurchase rate at 1.00% for a second straight meeting while upgrading its 2026 growth forecast to 2.3%.
The MPC said the current accommodative stance and targeted financial measures were supporting recovery, even as inflation was accelerating on supply-side pressures that still did not warrant a rate hike.
June headline inflation slowed to 2.42%, back inside the central bank's 1% to 3% target range; the BoT still sees headline inflation at 2.8% this year and 1.4% next year.
The minutes said inflation later in 2026 could exceed target as energy and production costs feed through, leaving both growth and price risks under close watch ahead of the next review on Aug. 26.