Baht Will Continue to See Some Gains, Says Continuum Economics' Chanana

The transcript discusses Thailand's economic situation, focusing on inflation rates, the Bank of Thailand's interest rate policy, and the impact of global trade wars. It highlights the lack of demand-pull pressures due to soft wages and high household debt. The Bank of Thailand is cautious about hiking rates, aiming to build policy space for future recessions. The Thai baht remains strong, with no immediate need for rate hikes. Thailand's economy is compared favorably to other emerging markets, benefiting from a strong current account position.

What is the expected inflation rate for this year and next according to the text?

What is the significance of the trade wars mentioned in the context of economic growth?

What factors are contributing to the cautious approach of the Bank of Thailand regarding interest rate hikes?

How does the current account surplus affect the urgency for the Bank of Thailand to raise rates?

What are the potential risks mentioned for other emerging markets compared to Thailand?