2014.04.2307:04:00UTC+00Bank of Thailand Likely to Leave Rates unchanged in the Coming Months

Quotes from Barclays Capital:

-Inflation expectations in Thailand, which are at a 44-month low, are likely to remain benign in the coming months. Indeed, the Bank of Thailand's February economic report indicated that the domestic economy is weak, and ongoing political uncertainty is likely keep to keep private consumption under pressure.

-However, with policy settings already accommodative, and signs of external demand picking up, we expect the BoT to leave rates unchanged in the coming months, particularly as headline inflation rises.