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MNI CNB Review - Dec 2024: Pause For Thought

The CNB paused its rate-cutting cycle in a split decision, but the Governor said all options are open for February.

Executive Summary:

  • The Bank Board left the two-week repo rate unchanged at 4.00%.
  • Two policymakers dissented and voted for another 25bp cut.
  • The Governor described the decision as a pause rather than end of easing cycle.

Click here to see the full review: MNI CNB Review - December 2024.pdf

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Executive Summary:

  • The Bank Board left the two-week repo rate unchanged at 4.00%.
  • Two policymakers dissented and voted for another 25bp cut.
  • The Governor described the decision as a pause rather than end of easing cycle.

Click here to see the full review: MNI CNB Review - December 2024.pdf

Keep reading...Show less