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Thai central bank sees no need to change inflation target, no easing cycle ahead - REUTERS
By Orathai Sriring, Kitiphong Thaichareon and Thanadech Staporncharnchai
- C.bank, finmin to discuss inflation target on Oct. 29
- BOT not fighting with government on policy, deputy gov says
- GDP growth seen at 2.7% to 2.8% yr/yr in Q3
- C.bank aims for neutral policy stance
BANGKOK, Oct 24 (Reuters) - Thailand's current inflation target range of 1% to 3% has "served pretty well" and should not be changed, a deputy central bank governor told Reuters on Thursday, as the government pushes for a higher price target to boost economic activity.
Inflation is low and well anchored, and there is no risk of deflation, while the economy is converging to trend growth, Bank of Thailand (BOT) Deputy Governor Piti Disyatat said in an interview.