Showing 1 - 7 of 7
Rate cut helps the BoT, not the economy
Oped, Chartchai Parasuk, Published on 06/03/2025
» On Feb 26, the Bank of Thailand's (BoT) Monetary Policy Committee (MPC) cut its policy interest rate by 0.25%, lowering it to 2.0%.
BoT, govt may have wrong inflation data
Oped, Chartchai Parasuk, Published on 17/10/2024
» At the time of writing (Tuesday), the Bank of Thailand's Monetary Policy Committee (MPC) had not met to decide on the policy interest rate which is currently set at 2.50%. The panel was scheduled to meet yesterday and the committee was under pressure to lower the rate by 25 basis points. The pressure arises from many months of low inflation rates and the recent strong Thai baht. Several central banks in the region have cut their policy interest rates for those two reasons. The latest one is the Bank of Korea.
Sway of video games
Oped, Postbag, Published on 28/10/2023
» The Siam Paragon shooting a few weeks ago has largely been put into the background now, what with all the Thais stranded in the Middle East and other problems in the world.
BoT can't afford to hold interest rates
Oped, Chartchai Parasuk, Published on 14/07/2022
» Like all countries in the world, the Bank of Thailand (and Monetary Policy Committee, or MPC) believes they can run monetary policy independently based on local economic conditions.
How far should interest rate hikes go?
Oped, Chartchai Parasuk, Published on 16/06/2022
» No doubt remains as to whether the Bank of Thailand will raise interest rates. The bank's governor has made it clear they must be raised to deter rising inflation, and that this must be done in a timely manner. Analysts have taken his speech as indicating a 25bp hike will be introduced at the upcoming Monetary Policy Committee (MPC) meeting scheduled for Aug 10.
Spectre of 2023 global recession looms
Oped, Chartchai Parasuk, Published on 19/05/2022
» In economics, there is no such thing as a surprise. Major economic events like rising inflation, interest rate hikes, currency depreciation, even economic recession can be detected as far as a year ahead.
Post-pandemic inflation challenges
Oped, Nuttanan Wichitaksorn, Published on 16/12/2021
» In the past, the cause of inflation was the outcome of either cost-push or demand-pull. However, the Covid-19 pandemic is unique.