# Bangkok Post - Bank of Thailand 'ready' to adjust tightening pace

> Governor Sethaput said the Bank of Thailand is ready to adjust the pace of monetary tightening and would consider an off-cycle meeting if needed. He argued the baht is not unusually weak and that the currency's slide is driven by the strong dollar. Headline inflation reached 7.86% in August, and the bank forecasts average inflation of 6.3% this year.

- Date: 2022-09-29 · published 2022-09-29T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/39872-bangkok-post-bank-of-thailand-ready-to-adjust-tightening-pace
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Persistent above-target inflation keeps pressure on Thai household and feed costs, while a weak baht adds to imported input costs. The central bank's gradual approach suggests no sharp policy reversal soon.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2403205/bank-of-thailand-ready-to-adjust-tightening-pace

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