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Bangkok Post
Bangkok Post
Business

Central bank poised to raise policy rate pending changes

Sethaput Suthiwartnarueput Inflation MPC Bank of Thailand Thailand
Foreigners and locals enjoy browsing at Chatuchak Weekend Market in Bangkok. Thailand's core inflation has risen the past four months. (Photo: Apichart Jinakul)

The Bank of Thailand is prepared to keep raising its policy rate if core inflation rises faster than predicted.

The central bank's Monetary Policy Committee (MPC) is mainly focused on core inflation because it could spark increases in inflation expectations, which will impede a smooth economic recovery, governor Sethaput Suthiwartnarueput said at a media briefing on Thursday.

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