# Bangkok Post - BoT chief: Thailand has no need to follow Fed's tightening

> Bank of Thailand Governor Sethaput Suthiwartnarueput said on May 19, 2022 that Thailand does not need to raise rates following the Federal Reserve's hikes. He said the central bank would monitor baht volatility, which has been driven by external factors.

- Date: 2022-05-19 · published 2022-05-19T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/41681-bangkok-post-bot-chief-thailand-has-no-need-to-follow-fed-s-tightening
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A policy hold while the Fed tightens widens the rate gap and keeps pressure on the baht, which can raise the cost of imported feed inputs for Thai producers.

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2312626/bot-chief-thailand-has-no-need-to-follow-feds-tightening

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