Thai central bank for accommodative monetary policy

BANGKOK, Jan 18 (Reuters): Thailand's central bank said on Thursday its monetary policy committee thought monetary policy should remain accommodative to support economic growth and help inflation get back to the target range.

The Bank of Thailand (BOT) forecast headline inflation at 1.1 per cent for 2018, and for consumer prices to return to the 1-4 per cent target range in the first half of the year, it said in an open letter to the finance minister to clarify why inflation was below the target last year.