Kazakhstan’s Fifth Central Bank Cut since August
To counter swelling inflation that crested a year ago at a 21st century high of 21.3%, the National Bank of Kazakhstan’s policy interest rate was 775 basis points between July 2021 and the end of 2022. After the final hike, central bank officials signaled an end to the streak but also promised not to cut […]
To counter swelling inflation that crested a year ago at a 21st century high of 21.3%, the National Bank of Kazakhstan’s policy interest rate was 775 basis points between July 2021 and the end of 2022. After the final hike, central bank officials signaled an end to the streak but also promised not to cut […]
