BoB leans towards ‘looser’ interest rate policy
Thursday, February 20, 2025 | 450 Views |
Setting trends: Dekop PIC.PHATSIMO KAPENG
The accommodative monetary policy stance is made possible by the Bank’s projections that inflation this year will trend either below or within the three to six percent objective range.
“Inflation is expected to remain within the medium-term objective range and inflation expectations are well-anchored, while the economy is expected to operate below capacity in the short term,” governor, Cornelius Dekop said yesterday morning.
“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...