Thai Central Bank Likely to Hold Rates in Near Term -- Market Talk
Dow Jones2026/10/28 08:430843 GMT - The Bank of Thailand is likely to maintain its policy rate at 1.00% in the near-term, before restarting the easing cycle in 2027, Capital Economics' Jack Piper says in a note. Noting that BOT said overall growth is "below its potential," he adds that the central bank's main concern is the weak economy. Thailand has been hit hard by rising global energy prices and has not benefited from increasing artificial intelligence-related exports to the extent of some Asian economies, it says. CE expects the BOT to hold rates steady through end-2026 and deliver one final 25bp cut, compared to other analysts, who mostly expect rates to remain on hold throughout 2027.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
October 28, 2026 04:43 ET (08:43 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anthropic spends $3.4 billion to purchase gas-fired power equipment to supply electricity for data centers
In September, Anthropic directly acquired Caterpillar equipment orders worth 3.4 billion USD, securing 1.7 GW of gas generator units, marking the largest single purchase of power generation equipment in AI history. This move bypassed utility middlemen, capturing scarce capacity at prices set years ago with near-term delivery. It is part of Anthropic's plan to invest over 895 billion USD in computing infrastructure by 2045.
Why Nintendo Stock Is One to Watch Ahead of the Holiday Season
A wallet address sold 1.44 million TRX via SunSwap in exchange for 460,000 USDT.
Data: Whales have cumulatively withdrawn approximately 13.4 million USDT from a certain exchange.
Crypto prices
More
