The Monetary Policy Committee unanimously kept the policy rate at 1% a year. The governor told Bloomberg the next decision could go either way: a hike if inflation runs above forecast or the baht weakens fast, a cut if the economy slows again. Major banks (Krungthai COMPASS, KResearch, SCB EIC) expect 1% through 2026, with SCB EIC seeing 2.1% growth next year. For a Thai SME: borrowing costs stay low for now, so fixed-rate or refinancing decisions this quarter are worth reviewing. Watch imported costs, since the article flags twin-deficit risk pushing the baht weaker and raising import prices.
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