Key facts
- The Bank of Thailand's monetary policy committee voted unanimously to maintain the one-day repurchase rate at 1.00%.
- The central bank has kept its key interest rate unchanged for a fourth straight meeting.
- Most economists forecast the central bank would hold the rate at 1.00% through the end of 2027.
Thailand's central bank maintained its benchmark interest rate at 1.00% for the fourth consecutive meeting on Wednesday, October 28, 2026, a decision that was widely anticipated by economists. The Bank of Thailand's monetary policy committee voted unanimously to hold the rate steady. The central bank had previously cut the rate six times, totaling 150 basis points, between October 2024 and February 2026 to stimulate the economy, which has been affected by weak domestic demand and high household debt. The Thai economy is projected to grow by 2.4% in 2026 and 2.1% in 2027, supported by exports and investment, though growth remains below potential due to fragile purchasing power and high household debt. Inflation is forecast to average 2.1% in 2026 and 1.3% in 2027, with potential upside risks from Middle East uncertainty and energy prices.