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MNI BoT Preview - March 2023: +25bp In March, Is That The End?

THAILAND

The Bank of Thailand (BoT) is widely expected to hike rates 25bp to 1.75% on March 29. The statement will be monitored closely for downward revisions to forecasts, especially core inflation, and any changes to the “gradual policy normalisation” phrasing. The breakdown of the March vote is also likely to be important.

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