World Banks Sees More Monetary Easing in Thailand as Risks Mount

The World Bank expects Thailand’s monetary stance to become “more accommodative” this year amid mounting external and domestic uncertainty, including a political crisis that’s seen the temporary suspension of Prime Minister Paetongtarn Shinawatra.

Falling inflationary pressures may also open up room for further easing, although it underscores persistent demand-side weaknesses and the need for structural reforms to raise productivity and investment, the Washington-based lender said in a report Thursday.