Monetary Policy Decisions: 18 June 2014
Mr. Paiboon Kittisrikangwan, Asistance Governor, Monetary Policy Group, In the committee’s view, the economic recovery should pick up pace given reduced political uncertainties and a resumption of functioning public policy management.
More active fiscal policy and prevailing monetary policy accommodation should lend support to a sustained economic recovery. The committee thus voted unanimously to maintain the policy rate at 2.00 percent per annum. The MPC will closely monitor economic and financial developments, and will pursue appropriate policy to ensure a sustained recovery as well as long-term financial stability.
Monetary Policy Report : June 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.