The MPC unanimously kept the policy rate at 1.0%. SCB EIC expects it to stay there through 2026-2027 because inflation is not a worry, and says cutting rates would not fix the tight credit faced by SMEs; targeted financial measures are the preferred tool. Q2 inflation came in below forecast, but the MPC expects it to slightly exceed the target band in Q4 2026 and Q1 2027 on fresh food prices (El Niño). SME financing remains tight while large-business lending is growing. Practical read: do not budget for cheaper loans soon; ask your bank about SME-targeted support programmes; watch food input costs into late 2026.