The Bank of Thailand is expected to maintain interest rates unchanged to preserve policy space According to Golden Finance, on June 23rd, the Bank of Thailand may once again remain inactive on Wednesday, choosing to maintain policy space while closely monitoring changing growth and inflation risks. According to a survey of eight economists by The Wall Street Journal, they unanimously predict that policymakers will maintain the status quo, mainly because the Bank of Thailand is likely to ignore supply driven inflation shocks as in the past. The recent drop in oil prices has also weakened the urgency of taking action. In addition, the Thai economy experienced a long period of extremely low inflation before the conflict, which has also served as a buffer. Economists from Moody's Analytics predict that the Bank of Thailand will maintain its policy rate at 1% to maintain a loose stance and support economic growth.