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Bangkok Post

Business

MPC expected to hike policy rate further

MPC Bank of Thailand Piti Disyatat Inflation Krungthai Compass

The central bank's policy rate normalisation is in line with the country's economic recovery, attributed to the tourism sector rebound. (Photo: Reuters)

Economists forecast the Bank of Thailand's terminal policy rate will be in the range of 1.75% to 2.5% for this cycle of rate hikes.

They believe despite a continued economic recovery, inflationary pressure will remain.

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