Thailand's Central Bank Governor Says No Rush to Raise Rates, Sees Inflation Slowing to Around 2% This Year
Binance News ·
Binance News reports: Thailand's central bank governor said there is no need to rush to raise interest rates and that monetary policy cannot solve structural problems restraining economic growth. According to Sina Finance, the Bank of Thailand kept its benchmark rate unchanged at 1.00% in August, and its next monetary policy review meeting is scheduled for October 28. Vitai Ratanakorn said at a business forum on Thursday that Thailand's economy is expected to grow about 2.3% this year. He…
The Reserve Bank of India on Wednesday raised interest rates for the first time since 2023, joining several major central banks in tightening monetary policy to arrest accelerating inflation. The central bank increased the benchmark repo rate by 25 basis points to a 1-year high of 5.50%, in line with expectations of economists polled by Reuters. India’s ...
Ms Schnabel started her presentation with the observation that, since the Governing Council’s monetary policy meeting on 22-23 July 2026, euro area financial markets had continued to be driven by energy price developments, with market attention turning to the global rise in long-term yields amid a resilient euro area macroeconomy. Persistently high energy prices, reinforced by concerns about higher food price inflation, had pushed market expectations regarding the outlook for inflation and policy rates higher. Energy prices and futures curves had moved up owing to renewed US-Iran hostilities. In Europe, the focus had shifted from oil to refined products and gas. The price and futures curve of gas oil – a refined, diesel-type product – had moved up significantly, reflecting concerns about limited refining capacity. Similarly, European gas prices had risen to the highest level recorded since early 2023, and low European gas storage levels could put further upward pressure on gas prices. The recent heatwave in Europe and what could likely be a strong “El Ni�o” event had also added to concerns about upward pressure on prices, with international food prices rising significantly over recent months. ECB Accounts: It was particularly important to refrain from giving any guidance regarding the future interest rate path ECB Account: Risks were not all tilted in the same direction Ecb Officials: Policy Response Should Remain `proportionate'
Ecb's Lane: You Should Believe Central Banks When They Says Inflation Will Return To Target Ecb's Lane: We Expect Upward Pressure On Food Prices In The Next Year Ecb's Lane: Core Inflation Will Rise, Especially Next Year