The Bank of Thailand's Monetary Policy Committee unanimously voted on 26 August to maintain the policy rate at 1.00% per annum, deeming current rates appropriate to support economic recovery. The Committee noted that while headline inflation is below earlier forecasts, it faces temporary upward pressures until Q1 2027 from El Niño effects and cost pass-through, with SME credit continuing to contract. Financial institutions remain cautious on lending to risky SME borrowers, requiring close monitoring of vulnerable SMEs' debt repayment capacity alongside targeted financial support measures.