Thai Central Bank May Hold Rate But Strike Dovish Tone, Nomura Says -- Market Talk

Dow Jones
Aug 12

0314 GMT - The Bank of Thailand is expected to leave its policy rate unchanged on Wednesday but strike a dovish tone, Nomura economists write in a report. The central bank's emphasis is on the timing and effectiveness of rate cuts, given concerns about limited policy space. The BOT is closely watching financial conditions, especially overall credit growth, as a key input in its policy decision. Nomura continues to forecast an additional 75 bps of cuts from the BOT, likely delivered in October and December this year, as well as in 1Q 2026. (amanda.lee@wsj.com)

 

(END) Dow Jones Newswires

August 11, 2025 23:14 ET (03:14 GMT)

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