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One and done, a single rate hike was more than enough
One and done, a single rate hike was more than enough
MONDAY, MARCH 18, 2019
AFTER AN extended period of holding the policy rate at 1.50 per cent, the Monetary Policy Committee (MPC) decided in December 2018 to raise the policy rate to 1.75 per cent. At the following meeting in February 2019, the committee voted to maintain the policy. 