accumulation of household debt. Therefore, the MPC viewed that the current accommodative monetary policy stance remained appropriate as it would contribute to the continuation of economic growth and correspond
grow around 13-15% Despite 1H24 surpassing guidance due to the mobile recovery driven by higher demand for data consumption, AIS takes a cautious stance for 2H24 and maintains the guidance due to the
recovery coupled with high oil prices since early this year may put more pressure on inflation. Against this backdrop, central banks worldwide are highly likely to adopt a more tightening stance, especially
previous forecast of 3.9 percent. Regarding monetary policy of central banks worldwide, the US Federal Reserve maintained its tightening stance by raising its policy rate and continuing to reduce its massive
-based growth in household purchasing power. At the same time, inflation remains subdued though it is expected to slowly rise. In this regard, the MPC judged that accommodative monetary policy stance would
interest rate unchanged at 1.50 percent as it viewed that the current accommodative policy stance is still needed to strengthen the continuation of growth in domestic demand and support the rise of headline
previous quarter. The Monetary Policy Committee (MPC) decided to keep the policy interest rate unchanged at 1.50 percent as it considered that the current accommodative monetary policy stance remained
several Asian central banks gradually signaled a more accommodative stance while also cutting their policy rates. Such moves were meant to forestall downside risks amid global economic headwinds while also
, whereas the European Central Bank and the Bank of Japan may opt for tapering of their quantitative easing stance. Against this backdrop, interest rates in several countries are likely to be on an upward