The Bank of Thailand said that the current policy interest rate of 1% is appropriate to support economic recovery. The committee assessed that “a loose monetary policy stance, combined with targeted financial measures, will help support economic recovery in the face of unbalanced growth.” The increased risk of inflation caused by oil prices and the El Niño phenomenon requires close attention. The impact of low interest rates on long-term macrofinancial stability will also be monitored. Bank of Thailand: “Thailand's economy continues to grow, driven by a cycle of technology and artificial intelligence. However, overall growth is still below expectations, and the benefits are still concentrated”.

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