# Thai Baht Outlook — Live Trading News

> Thailand's central bank raised its policy rate for a fifth straight meeting, bringing the total hike to 125 basis points since August. March headline CPI came in at 2.83% year on year, below poll expectations. The commerce ministry cut its 2023 inflation forecast to 1.7-2.7%.

- Date: 2023-04-05 · published 2023-04-05T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/36656-thai-baht-outlook-live-trading-news
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Higher Thai rates tend to support the baht, which lowers the local cost of imported feed ingredients. Inflation easing reduces pressure on domestic feed and food costs.

## Read by commodity

- USDTHB: neutral

## Sources

- livetradingnews.com: https://www.livetradingnews.com/thai-baht-outlook

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.