Thai government and BoT agree to keep inflation target intact
Central bank and government reach price goal consensus despite a year of tensions
Thailand’s government has agreed with the central bank to keep the current 1–3% inflation target for 2025, on the condition that the Bank of Thailand (BoT) will support its fiscal policies and help stimulate growth.
Finance minister Pichai Chunhavajira announced the decision after a meeting with Bank of Thailand governor Sethaput Suthiwartnarueput on October 29.
The outcome is seen as a compromise between the central bank and the government, which have been at loggerheads over monetary and fiscal
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