Panel poised to raise policy rate by 0.50% The meeting of the Bank of Thailand’s Monetary Policy Committee (MPC) next week is expected to raise the policy rate by 0.50%, according to Pipat Luengnaruemitchai, chief economist of KKP Research under Kiatnakin Phatra Securities Public Co. The MPC is scheduled to hold its next policy meeting on Aug 10, when economists expect the rate to be hiked from the current record low of 0.50%, which has been left unchanged since May 2020. The rate hike is aimed at taming persistently high inflation. Mr Pipat said many central banks have raised policy rates at …

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