Krungsri expects MPC to hold interest rates due to low growth

MGR Online•Economy•12h ago

Reader Briefing

The Monetary Policy Committee unanimously voted to maintain the policy interest rate at 1.00% per annum.

•The Monetary Policy Committee maintained the policy interest rate at 1.S00% per annum.
•Bank of Ayudhya expects the policy rate to remain at 1.00% for several upcoming quarters.
•Economic growth for the years 69 and 70 is projected at 2.3% and 1.8% respectively.
•The next Monetary Policy CommitteeTCommittee meeting is scheduled for October 28, 2026.

•[Status] The Monetary Policy CommitteeTCommittee of the Bank of Thailand unanimously voted to keep the policy interest rate at 1.00% per annum.
•[Context] The Thai Baht remained relatively stable near 32.72 Baht/Dollar following the Monetary Policy Committee meeting.
•[Stat] Economic growth in 69 and 70 is projected to be 2.3% and 1.8% respectively, based on June estimates.
•[Reason] The Monetary Policy Committee noted that exchange rate volatility persists due to geopolitical conflicts and shifting market views on US monetary policy.
•[Status] Private sector exports and investment grew better than expected, while private consumption was lower than expected.
•[Warning] Credit repayment ability for SMEs and vulnerable households requires close monitoring despite overall stable credit quality.
•[Next Step] The Monetary Policy Committee will hold its next meeting on October 28, 2026.
•[Statement] Bank of Ayudhya expects the Monetary Policy Committee to hold rates at 1.00% for several quarters due to growth below potential and weak domestic demand.

Full article content is available on the original source.

Bank of Ayudhya Global Markets Group(กลุ่มงานโกลบอลมาร์เก็ตส์ ธนาคารกรุงศรีอยุธยา)

The group that provided analysis on the Thai Baht and interest rate expectations.

Bank of Ayudhya(ธนาคารกรุงศรีอยุธยา)ℹ️

The organization identified as BAY that expects the MPC to hold interest rates.

Monetary Policy Committee(คณะกรรมการนโยLCBCS)

The committee that voted to maintain the policy interest rate at 1.00% per annum.

Bank of Thailand(ธนาคารแห่งประเทศไทย)ℹ️

The institution under which the Monetary Policy Committee operates.

United States(สหรัฐฯ)ℹ️

The country whose monetary policy direction is affecting market views and exchange rate volatility.

Middle East(ตะวันออกกลาง)ℹ️

The region where tensionsL tensions are being monitored by the Monetary Policy Committee.