Monetary Policy

They expect the authorities to monitor electricity prices and AI-led growth

Inflation is still above the central bank’s 2% target

Q4 monthly inflation is now expected to be under the 4.5% previously forecast

The economy was facing a mismatch between strong supply and weak demand

The revised draft, however, retains a passage urging the central bank to align its policy decisions with the government’s economic agenda

Inflation and political scrutiny are holding him in check

Inflation due to the Iran war might now be less of a factor than surprisingly robust expansion

The monetary policy committee votes unanimously to maintain the one-day repurchase rate at 1%

The 1.4% rise is largely due to lower services inflation, which offset higher food and retail and other goods inflation