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2025-09-15 11:37:04
[Institution: Expectations of interest rate cuts are rising against the backdrop of economic slowdown, and the Bank of Thailand may continue its loose monetary policy] Analysts at BMI, a research institute under Fitch Solutions, pointed out that against the backdrop of slowing economic growth, the Bank of Thailand is expected to continue to implement loose monetary policy. The bank maintained its forecast of 2.3% GDP growth in Thailand in 2025 and 1.7% in 2026, but stressed that recent domestic political instability may drag down economic performance. The analyst added that "deflationary pressures are intensifying," and Thailand's overall inflation rate has continued to be lower than BMI expectations since the beginning of this year. It is expected that the Bank of Thailand will cut interest rates by another 50 basis points in this cycle, with one rate cut before the end of this year and another in the second half of 2025.
