Double digit inflation to flag belt tightening

Double digit inflation to flag belt tightening

Inflation is moving into double-digit territory with further monetary tightening needed to cure the pain.
Tight hold to be kept on monetary policy montay policy

Tight hold to be kept on monetary policy montay policy

The State Bank has confirmed its monetary management will remain tight to the year’s end amid rumors of a base rate cut. According to a State Bank source, the central bank would not reduce the base rate to 12 per cent.