BoT to keep monetary policy loose amid a fragile economic recovery

The BoT will probably want to keep monetary policy loose amid a fragile economic recovery. But there was some resistance within the BoT board to last month's 25bp policy rate cut, and the BoT will opt to keep policy unchanged for now. 

Further data showing that the economy is struggling to gain any momentum would bring rate cuts back on the agenda in future months.

The Bank of Thailand's (BoT) rate decision (08.30 BST) is likely to be a close call,  but on balance, we think it will keep rates on hold. - says Capital Economics