Kazakhstan National Bank Decreases Key Interest Rate to 15.75%
The National Bank of Kazakhstan has lowered its key interest rate from 16.25% to 15.75% annually. This decision comes amid declining inflation and expectations, aiming to maintain moderate monetary policy tightness. The bank anticipates potential inflation acceleration by year-end due to base effects but sees a low probability of further rate changes before 2027.
Headline and summary written by daryo. The full report belongs to LS.