Central Bank Cuts Rate Amid Inflation Concerns
Central bank reduces key rate to 5% in Dec 2024, warns of inflation risks with CPI possibly reaching 5% by early 2025. Stay informed on economic trends.
The central bank lowered the key rate by a quarter-point to 5% in December 2024, but highlighted significant short-term inflation risks and a potential rise in CPI to near 5% in early 2025.