B. Central raises rate by 50 points in unanimous decision and declares that the cycle of hikes has reached its maximum | Financial Journal
The cycle of increases in the Monetary Policy Rate (MPR) would finally be over. This was unanimously decreed by the Central Bank Council, which at its meeting concluded yesterday, Wednesday, decided to raise it by 50 basis points, to a peak of 11.25%. “The Board estimates that the MPR has reached the maximum level of … Read more