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Bangkok Post
Bangkok Post
Business

BoT: Rate rises will be gradual

Inflation
Bank of Thailand Governor Sethaput Suthiwartnarueput (Reuters photo)

The central bank governor said on Monday that delaying an interest rate hike too long would not be good as inflation continues to rise.

Inflation is expected to rise beyond the central bank's 1-3% target range this year, and is seen peaking at 7.5% in the third quarter, the govenor told the Building A Future Together forum organised by Thai Publica.

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