A recent decision aims to curb rising prices. High oil prices, resulting from a conflict, are driving inflation. Businesses are expected to withstand increased borrowing costs due to a stronger economy.
The benchmark rate has been increased to 2.50%. This change is intended to address inflation pressures. Further information on the decision and its implications can be found through additional sources.
Details on the economic outlook are also available, noting uncertainty and potential risks to inflation and economic growth.
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