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What will be the Central Bank's interest rate decision?

Morgan Stanley economists expect the central bank to cut rates by 100 basis points at its Monetary Policy Committee meeting on Feb. 23.

What will be the Central Bank's interest rate decision?
While all eyes are turned to the new week when the decision will be announced, US investment bank Morgan Stanley is of the opinion that the bank will cut the interest rate.
A 17th February report by Morgan Stanley economists said the policy rate is expected to cut by 100 basis points to 8 percent.
"We are of the view that the need for support to be provided by banks, especially state banks, for earthquake disaster and emergency disaster relief increases the likelihood of a larger rate cut of 150 basis points or an additional rate cut at the March meeting," the report said.
JPMorgan also published a report at the beginning of the week predicting that the CBRT would cut by 100 basis points in February.


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