# Bangkok Post - Interest rate raised for first time since 2011

> The Bank of Thailand raised its policy rate from 1.50% to 1.75% on Wednesday, the first increase since 2011, after keeping it unchanged since April 2015. The 5-2 vote followed repeated discussion of tightening at recent meetings, and economists expect one more hike in the first half of 2019.

- Date: 2018-12-19 · published 2018-12-19T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/61824-bangkok-post-interest-rate-raised-for-first-time-since-2011
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

The move was largely priced in, so its direct effect on feed-relevant markets is limited. Tighter Thai policy could modestly slow domestic credit-driven demand for feed.

## Read by commodity

- USDTHB: neutral

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1597094/interest-rate-raised-for-first-time-since-2011

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