Decoding dramatic economic events at home and abroadTwo significant events unfolded almost simultaneously last week. The MPC's decision to bring Thailand's policy rate down to 1.00% was a positive surprise for markets. The committee cited the need to support economic recovery, ease household debt burdens and anchor medium-term inflation expectations -- noting the current level is now "sufficiently accommodative". Nevertheless, we believe a policy rate of 1.00% may still fall short of pushing the economy back to its potential. InnovestX therefore maintains its US GDP growth forecast at 1.9% and views a tariff risk premium as a factor investors will need to monitor.

Source: Bangkok Post March 03, 2026 01:12 UTC