# No Major Impact From Latest US Rate Increase

> The baht slipped slightly after the Federal Reserve raised its benchmark rate by 25 basis points, with markets expecting two more hikes this year. Foreign capital has been leaving Thailand, with net stock sales of about Bt146 billion so far this year.

- Date: 2018-06-14 · published 2018-06-14T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/64765-no-major-impact-from-latest-us-rate-increase
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Higher US rates and capital outflows put downward pressure on the baht, raising the dollar cost of imported feed ingredients for Thai buyers.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30347774

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