ECONOMY
Analysts project policy rate to stand pat
- Published: 9 Jan 2013 at 00.00
- Newspaper section: Business
With most analysts projecting the policy rate will remain unchanged at today's meeting of the Monetary Policy Committee (MPC), fund managers recommend investors bet on fixed-return bond funds.
Win Udomrachtavanich, the chief executive of One Asset Management, said the MPC should maintain the policy rate at 2.75%, as inflation last month rose only slightly by 0.39 percentage points to 3.63%.
Full-year inflation in 2012 stood at 3.02%.
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