The Bank of Thailand is expected to leave policy rates unchanged on Wednesday to
preserve policy space, a Wall Street Journal survey of eight economists showed,
with respondents unanimously forecasting a hold. Economists said the BOT is
likely to treat recent inflation as supply-driven and therefore tolerate it; a
retreat in oil prices has reduced urgency to act. Thailand's extended period of
very low inflation before recent shocks also provides a buffer. Moody's
Analytics economists expect the policy rate to remain at 1% to maintain an easy
stance and support growth.
