Thai central bank chief sees need for greater inflation target flexibility
Bogdan Hofbauer
BANGKOK :Thailand's central bank chief said there was a need for greater flexibility and tolerance regarding deviations from inflation targets, citing risks associated with excessive fine-tuning of monetary policy. Inflation may deviate from targets more often and more persistently even as it is anchored over time, Bank of Thailand Governor Sethaput Suthiwartnarueput said in a speech published by the central bank on Friday. "The ability of central banks to steer inflation, especially within
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