Monetary Policy Decisions: 23 April 2014
Mr. Paiboon Kittisrikangwan, Asistance Governor, Monetary Policy Group, The committee deems prolonged political uncertainties to be the main cause for higher downside risks to growth. Financial conditions are accommodative, and are not hindering domestic spending. Current monetary policy remains appropriately supportive of the Thai economic recovery. The MPC thus voted 6 to 1 to maintain the policy rate at 2.00 percent per annum. One member voted to lower the policy rate by 0.25 percent, to sustain policy easing in supporting growth. The MPC will closely monitor economic and financial developments, and ensure that monetary policy stance continues to lend sufficient support to the economy.
Monetary Policy Report : March 2014
The Monetary Policy Report is prepared quarterly by staff of the Bank of Thailand with the approval of the Monetary Policy Committee (MPC). It serves two purposes: (1) to communicate to the public the MPC's consideration and rationales for the conduct of monetary policy, and (2) to present the latest set of economic and inflation forecasts, based on which the monetary policy decisions were made.