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Thai Monetary Policy Committee Holds Rate but Warns of Deflation Risk.
Byline: Parista Yuthamanop
Jun. 3--The Monetary Policy Committee (MPC) yesterday left its policy rate unchanged at 1.75 percent, but cautioned that core inflation could fall under the target in the future.
Bandid Nijathaworn, an assistant governor of the Bank of Thailand, said the MPC expected core inflation to remain "in the lower half of the target range over the next eight quarters, with a risk of falling under target".
The MPC meets regularly to set monetary policy through the key 14-day repurchase rate, based on a target of keeping core inflation within a range of zero and 3.5 percent during the next eight quarters.
Core ...
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Source: HighBeam Research, Thai Monetary Policy Committee Holds Rate but Warns of Deflation Risk.