The Monetary Policy Committee (MPC) had a press release yesterday announcing an increase in Central Bank Rate (CBR) by 0.75 basis points. This is quite an increase, which raises the CBR from 7.50% to 8.25%. When this happens, what does it
The Monetary Policy Committee (MPC) had a press release yesterday announcing an increase in Central Bank Rate (CBR) by 0.75 basis points. This is quite an increase, which raises the CBR from 7.50% to 8.25%. When this happens, what does it