0335 GMT - The on-year drop in Thailand's CPI in May is unlikely to impact monetary policy, says HSBC Global Research's Aris Dacanay in a note. "The main driver of the outlook will still be growth, and how much will the U.S. tariff rates affect it," the economist for Asean says. While HSBC's baseline scenario is for a rate cut in June, risks are now tilted to a pause. The Bank of Thailand has signaled more monetary easing, but it could pause its easing cycle in June to see how global trade policy will pan out after the 90-day tariff pause lapses in July, Dacanay adds.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
June 08, 2025 23:35 ET (03:35 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。