Kazakhstan's National Bank Cuts Key Rate Amid Slowing Inflation and Economic Growth
Kazakhstan's National Bank has lowered its key interest rate from 16.25% to 15.75%, citing slowing annual inflation to 9.3% and economic growth of 4.2%. Non-oil sector growth, particularly in construction and manufacturing, is a key driver. Inflation expectations for 2026 and 2027 have also decreased.
Headline and summary written by daryo. The full report belongs to LS.