The MPC voted unanimously to lower the policy rate by 25 basis points (100bps = 1 percentage point) and shift its stance to accommodative, reinforcing the central bank’s growing confidence in inflation containment.
The MPC voted unanimously to lower the policy rate by 25 basis points (100bps = 1 percentage point) and shift its stance to accommodative, reinforcing the central bank’s growing confidence in inflation containment.