Thailand central bank forecast to be hawkish

Analyst says policy normalisation is the key priority for 2013.

OCBC Treasury Research noted:

BOT is widely expected to keep its policy rate steady at 2.75% this week but we expect to see the central bank returning back to a slightly more hawkish tone to kick off 2013, as we look for policy normalisation to be the key priority for 2013.

Recent comments from the BOT Governor have continued to suggest that the central bank is closely watching the pace of credit growth in the country while also noting that they remain very much optimistic on the growth front.

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