Bank of Thailand policy makers stuck by a pledge that monetary tightening should be gradual and measured, but noted it could be adjusted should the growth and inflation outlook change, minutes of their last meeting show.
Members of the Monetary Policy Committee (MPC) acknowledged the difficult trade-off between rising demand-side inflationary pressure amid an improving economic outlook and supporting the recovery at a time when some businesses and households remained fragile, according to the minutes released on Wednesday.
