Bank of Thailand (BOT) Governor Sethaput Suthiwartnarueput has said this year’s GDP growth and inflation were expected to be lower than previously forecast.
He noted that the current policy interest rate was close to a neutral level and overall, the nation’s economic recovery remains intact.
He added that inflation would gradually return to within the target range. Sethaput was speaking virtually at a Fitch economic seminar. (NNT)
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