BoT seen among last to hike as Fed signals liftoffShoppers walk through a market on Chakkraphet Road in Phra Nakhon district, Bangkok, on Jan 23, 2022. Shorter-duration Thai bonds remain buoyed by a dovish Bank of Thailand (BoT) policy that contrasts with an increasingly hawkish Fed, which on Wednesday signalled a March rate liftoff. The bank sees Thailand being the last among its peers to hike rates. An Indonesian central bank official on Wednesday gave further hawkish signals saying it would be preemptive with its monetary policy to temper volatility in the markets. He sees it possibly starting to flatten in the fourth quarter, ahead of a potential rate hike in the second half of 2023.

Source: Bangkok Post January 27, 2022 14:01 UTC