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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.

food inflation global oil prices monetary policy monetary policy committee mpc November oil oil prices policy September transport us utilities

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