Thai Central Bank Chief Signals Cautious Approach on Policy Move

The Governor of the Bank of Thailand, Ekaphit Suthipong, indicated that there will not be significant changes in the country’s monetary policy in the near future. Following the release of recent economic data, the central bank leader emphasized the importance of a cautious approach to avoid negative impacts on economic growth. Suthipong noted that the current monetary policy, aimed at controlling inflation and supporting sustainable growth, remains relevant in the current economic conditions.

She also added that the central bank will closely monitor domestic and international economic trends to adapt policy if needed. Specifically, the regulator will consider changes in the global economy, such as fluctuations in energy prices and developments in global supply chains.

Economists do not expect sharp changes in interest rates, as the central bank adheres to a cautious strategy. Currently, key economic indicators such as inflation and economic growth are within expected ranges.

Suthipong emphasized that the central bank's aim is to ensure price stability, which is a priority for maintaining investor and consumer confidence. Amid global uncertainty, a cautious policy will help prevent excessive volatility and guarantee the long-term stability of the financial system.

In conclusion, the central bank chief stated that the regulator's team is prepared to take any necessary measures to support economic growth and control inflation in the country.