Central bank anticipates growing uncertaintyListen to this articleThe Bank of Thailand expects the recent US military operation in Venezuela to heighten global uncertainty in three areas -- military, trade and finance -- this year and next. Mr Piti warned the US raid could trigger a new phase of the global trade war. Over the past year, US trade policies have triggered widespread changes in global production networks and international trade structures, he said. On the financial front, the military operation could heighten the risk of volatility in global monetary policy and financial markets, coinciding with an expected change in the US Federal Reserve chair. According to the committee, interest rates among financial institutions and financial markets have declined in line with earlier policy rate cuts.

Source: Bangkok Post January 07, 2026 22:22 UTC