The National Bank of Kazakhstan may cut its base rate at its June meeting, according to Akylzhan Baimagambetov, deputy governor of the central bank.
«A transition to a lower base rate is possible if inflation slows sustainably. Currently, the National Bank is closely monitoring the economic situation to make a balanced and economically sound decision,» Baimagambetov said. «The June meeting will be pivotal, and macroeconomic forecasts will be updated. The Monetary Policy Committee does not make decisions in advance; they are based on a comprehensive analysis and discussion of current data.»
Notably, at...