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Bank of Thailand policy minutes show the committee unanimously raised the policy rate by 25 basis points to 1.00% on September 28 to contain inflation. Inflation is expected to remain high through 2022, and further gradual hikes are anticipated at the November 30 review.
Persistently high Thai inflation and rate hikes raise domestic feed and livestock input costs and tighten credit for feed mills and farms.
reuters.comOct 12, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
