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Slashes Key Rate

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14 days ago

Policymakers said the economy “continues to return to a balanced growth path” despite an uptick in inflation in January.

70 days ago

Policymakers said inflationary risks remain elevated and have risen slightly in recent months, prompting the more modest 0.5% rate cut.

5 months ago

The move is likely to be welcomed by jittery businesses as high borrowing costs and a slowing economy increasingly overshadow inflation risks.

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