The Bank of Thailand’s Monetary Policy Committee voted unanimously to keep the policy rate unchanged at 1%, citing the need to support a still-fragile recovery. Officials upgraded their 2026 GDP growth forecast to 2.3% from 1.5%, pointing to stronger exports and momentum from the global artificial intelligence and technology cycle. However, policymakers warned that high household debt and pressure on small and medium-sized businesses remain key constraints, alongside expectations that inflationary pressures could build before easing later in the decade.