# Thai rate hikes to be gradual, inflation to stay high through 2022 -c.bank minutes

> 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.

- Date: 2022-10-12 · published 2022-10-12T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/39409-thai-rate-hikes-to-be-gradual-inflation-to-stay-high-through-2022-c-bank-minutes
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Persistently high Thai inflation and rate hikes raise domestic feed and livestock input costs and tighten credit for feed mills and farms.

## Sources

- reuters.com: https://www.reuters.com/markets/asia/thai-headline-inflation-remain-high-through-2022-cbank-minutes-2022-10-12/

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