The MPC voted 5 to 2 to cut the policy rate by 0.25 percentage point from 2.00 to 1.75 percent, effective immediately.

The MPC voted 5 to 2 to cut the policy rate by 0.25 percentage point from 2.00 to 1.75 percent, effective immediately.

Two members voted to maintain the policy rate at 2.00 percent. (30 April 2025)

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