Nomura: The Central Bank of Thailand May Become More Cautious

Jinse Finance reported that on April 27, economists from Nomura stated in a report that while the Bank of Thailand is likely to keep its policy rate unchanged at 1.00% this week, it may adopt a more cautious stance. They indicated that the Bank of Thailand could shift from its previous neutral tone to a more accommodative approach. The economists said the central bank might acknowledge new shocks brought about by the Middle East war and warn that these could put pressure on Thailand's near-term growth prospects. Nomura predicts that in the event of an energy price shock triggered by the Middle East conflict, the Bank of Thailand will disregard the resurgence of inflation. (Eastnews)