Extended policy pause expected from Bank of Thailand – DBS

DBS economists Taimur Baig and Radhika Rao expect the Bank of Thailand (BoT) to keep its policy rate unchanged at 1.00% in August, extending the pause after June’s unanimous decision. They cite uneven economic growth, easing but still elevated headline inflation within the 1–3% target range, and scope for accommodative policy to support recovery alongside […]

Warsh’s Jackson Hole debut and US inflation test a soft US Dollar

The US Dollar Index (DXY) ended the week near even with Thursday, holding near 98.80. Like Thursday, DXY traded down to the 98.50s before recovering later in the session. The US Dollar Index trades near its lowest since May. The softness owes less to the data than to the plumbing: the US Treasury’s move to […]