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Bangkok Post
Bangkok Post
Business

BoT hints at rate hike

A sign indicating 200 baht is displayed for pork at a fresh market in Bangkok as inflation persists across the country. (Photo: Varuth Hirunyatheb)

Increasing the policy interest rate should not happen too late because inflation continues to rise, says Bank of Thailand governor Sethaput Suthiwartnarueput.

He said if the central bank waits too long and the inflation rate keeps rising, the country might have to use stronger medicine or increase the rate sharply, which are measures no one wants to see.

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