# Bangkok Post - Central bank holds rates again, but hike seen next month

> The Bank of Thailand held its policy rate at 1.5% on 14 November by a 4-3 vote, with three members favouring a hike. Economists polled by Reuters mostly expected the hold, and many now expect a rate increase at the December meeting. The rate has been unchanged since April 2015.

- Date: 2018-11-14 · published 2018-11-14T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/62283-bangkok-post-central-bank-holds-rates-again-but-hike-seen-next-month
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Expectations of Thai tightening could firm the baht and raise funding costs for Thai feed mills and livestock producers. The effect on global grain prices is small.

## Read by commodity

- USDTHB: bearish ▼

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/1575758/bank-of-thailand-holds-rates-again-but-many-see-a-hike-soon

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