Thailand Central Bank Assistant Governor states that interest rate hikes are unlikely unless inflation persists for more than a year. Additionally, adds Thailand does not require IMP programme or World Bank monetary support

The statement from Thailand's Assistant Governor indicates a dovish stance on monetary policy, suggesting no immediate rate hikes unless inflation becomes a sustained issue. This could influence market expectations on future rate paths, especially if inflation trends remain benign. Furthermore, the note on not needing external monetary support from the IMP or World Bank highlights confidence in domestic economic stability, potentially reducing pressure on Thai bonds and the currency.