BOT To Weigh Tariff Impact on Growth, Rate Path at Next Meeting

Downtown Bangkok.

Photographer: Andre Malerba/Bloomberg
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Thailand’s rate-setters will weigh the impact of US tariffs on the country’s growth, inflation and trade as it reviews monetary policy at a scheduled meeting on April 30, according to central bank Assistant Governor Sakkapop Panyanukul.

The blow to Thai growth from the global shock spawned by US tariffs “will not be negligible,” and the pace of expansion will be lower than the 2.5% signaled by the Monetary Policy Committee in February, Sakkapop told a briefing in Bangkok on Thursday.