# Thai finance minister says pace of monetary tightening 'reasonable' - Financial Post

> Thailand's finance minister said the central bank's rate hikes of 100 basis points since August, to 1.50%, are reasonable and independent of the Fed's pace. He said Thai GDP could beat the 3.8% growth forecast on a tourism rebound.

- Date: 2023-02-13 · published 2023-02-13T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/37587-thai-finance-minister-says-pace-of-monetary-tightening-reasonable-financial-post
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Domestic rate policy and growth in Thailand have little direct effect on global feed commodity prices, so the impact is limited to regional demand sentiment.

## Sources

- financialpost.com: https://financialpost.com/news/thai-finance-minister-says-pace-of-monetary-tightening-reasonable-5/

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