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Bangkok Post
Bangkok Post
Business

Central bank pledges gradual monetary policy adjustments

BoT Monetary Policy Sethaput Suthiwartnarueput Inflation
The atmosphere at a fresh market in Muang district of Samut Prakan province on July 1, 2022. (Photo: Somchai Poomlard)

The Bank of Thailand (BoT) will prevent inflation from rising sharply, but at the same time ensure that any monetary policy adjustments are gradual, BoT governor Sethaput Suthiwartnarueput told a news conference on Friday.

The central bank is expected to raise its key interest rate from a record low of 0.50% at its next meeting on Aug 10.

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