The BOT governor says the 1% policy rate remains appropriate and inflation is manageable, with latest inflation around 2.5% and the full-year forecast near 2.2%. He says future moves depend on data before the next MPC meeting in October. The BOT also said it has room to cut further, to as low as 0.5%, and could lower FIDF contributions to push market rates down by about 0.4%. For a business owner: keep loan planning on current rates, and watch the next MPC decision since a cut could lower borrowing costs.
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