0845 GMT - The Bank of Thailand is expected to hold its policy rate steady in June and August, UOB economists write in a note. Given mounting domestic and external headwinds, the central bank faces pressure to ease more aggressively than previously signaled to ease downside risks to growth, they say. However, the recent de-escalation of trade tensions, particularly between the U.S. and China, has provided the BOT with some respite, they add. This allows the central bank to reassess the full implications of reciprocal tariffs and broader geopolitical uncertainties on Thailand's economic prospects, and be more nimble with the timing of its rate cuts, they say. UOB expects the BOT to resume its easing cycle with successive 25bp cuts in October, December and 1Q 2026. (amanda.lee@wsj.com)

(END) Dow Jones Newswires

May 26, 2025 04:45 ET (08:45 GMT)

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