BOT Governor Vithaya Ratanakorn rejected market expectations that the central bank will keep rates on hold for an extended period, stating that the Monetary Policy Committee is not committed to maintaining rates at current levels and retains flexibility to move either way. Future decisions will depend on inflation, baht movement, and economic trends. He also warned that prolonged low rates carry risks including reduced saver returns, capital misallocation, and depleted policy ammunition for future shocks.
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