BANGKOK (Reuters) – An interest rate hike by Thailand’s central bank this week was designed to anchor inflation, its governor said on Friday.
Sethaput Suthiwartnarueput told reporters the policy objective was getting the landing right.
On Wednesday, the central bank unexpectedly raised its key interest rate by a quarter point to 2.50%, the highest in a decade, saying growth and inflation would pick up next year.
(Reporting by Orathai Sriring and Kitiphong Thaichareon; Editing by Martin Petty)
