MPC Votes Unanimously to Keep Policy Rate at 0.50% as Economy Recovers at a Slow Pace
MPC Votes Unanimously to Keep Policy Rate at 0.50% as Economy Recovers at a Slow Pace
MPC Votes Unanimously to Keep Policy Rate at 0.50% as Economy Recovers at a Slow Pace
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On November 18, 2020, the MPC voted unanimously to maintain the policy rate at 0.50 percent in order to support the economic recovery as the economy tends to expand at a better-than-expected rate. However, the economy overall still recovered at a slow pace. 