Pantheon Macroeconomics

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10th Aug 2022 15:46Emerging Asia, Daily Monitor

The Bank of Thailand joined the chorus of monetary tightening yesterday, hiking the policy rate to 0.75%.

The unwinding of Covid-era cuts—via relatively small rate hikes—looks like the MPC’s end-game.

Expect the next move in September, with inflation still lofty, which won’t be the case come November.

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