Kazakhstan Central Bank Cuts Base Rate to 16.25% Amid Falling Inflation

National Bank Cuts Base Rate to 16.25% Amid Continued Disinflation

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – The National Bank of Kazakhstan cut its base rate by 50 basis points to 16.25% on Sept. 4, as annual inflation fell below 10% after 11 consecutive months of disinflation. The regulator, however, warned that persistent inflation risks limit room for further easing. “The balance of risks remains tilted towards inflation. Therefore, we… The post National Bank Cuts Base Rate to 16.25% Amid Continued Disi...

By Fatima Kemelova