Today’s policy rate action was per expectations. Going by statements in the press conference, future rate action will depend on how the inflation pans out. It is likely there would be another rate hike of 25-35 basis points on December 7, 2022.
Today’s policy rate action was per expectations. Going by statements in the press conference, future rate action will depend on how the inflation pans out. It is likely there would be another rate hike of 25-35 basis points on December 7, 2022.