Thailand central bank has signaled its intent to stick with gradual and measured monetary tightening until it is clear that inflation is durably retreating, even though inflation returned to the central bank’s 1%-3% target in March. Policymakers believe that price pressures are yet to materialize and that low real interest rates, currently at negative 1.08% when adjusted for inflation, pose risks to long-term financial stability. Officials have opined that it should not be negative when the economy is growing at 3% to 4% annually.