Thailand's central bank plans to implement a strong monetary policy to navigate the uncertainties and potential unintended consequences impacting the global economy in the coming year.
The governor emphasized that policy decisions will be primarily based on economic outlook rather than solely on data, indicating a change in approach.
At an economic conference, the governor highlighted the importance of maintaining flexibility by limiting forward guidance. This strategy aims to better equip the central bank to respond to evolving economic conditions and challenges.
The central bank's commitment to a proactive and adaptable monetary policy reflects its focus on stabilizing the economy amid global volatility.