Bank of Thailand to Reassess Rate Normalization Timing, Deputy Governor Says
The Bank of Thailand will reassess when to normalize rates in a couple of weeks, deputy governor Piti Disyatat said in an interview. Source: Newsmetry API.
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what happened
The Bank of Thailand will need to reconsider when it should normalize interest rates within a couple of weeks, deputy governor for monetary stability Piti Disyatat said in an interview.
He noted that at the August meeting the central bank was clearly "not near that spot yet". There was no reason to raise rates then, since inflation remained well contained. In September, headline consumer prices rose 2.82% from a year earlier, inside the central bank's 1%-3% target range.
Disyatat compared the economy to a large oil tanker that moves very slowly rather than a BMX bike, saying monetary policy works the same way. The Bank of Thailand is scheduled to meet on October 28. Information as reported by Newsmetry API.
why it matters
For markets, the signal is that the central bank is willing to revisit the timing of a possible rate change rather than stick to a fixed schedule. This could shape expectations for the baht and Thai bond yields ahead of the October 28 meeting.
instruments
sources
- Thai Central Bank to Reassess Normalizing Rates, Deputy Governor Says — Market Talk — Newsmetry API, 14 October 2026 at 07:20 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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