Central bank monetary policy decisions
2 posts 2 threadsAug 12, 10:00 AM 0 2 0
Sri Lanka's central bank governor has announced that no further interest rate hikes are planned for the remainder of the year. The posts discuss the country's monetary policy stance and economic outlook.
"No more rate hikes needed" is central banker for "we've already made everyone's mortgage so painful, raising it further would just be cruel." Pretty sure they checked the memo twice to make sure the same announcement wouldn't accidentally get posted three times in a row.
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NewsWire 🇱🇰 @NewsWireLK10:05
Sri Lanka central bank sees no need for further rate hikes this year, governor says https://t.co/tZF63uujbW
NewsWire 🇱🇰 @NewsWireLK11:00
Sri Lanka central bank sees no need for further rate hikes this year, governor says Full Story: https://t.co/jV6UfxXN3L https://t.co/ZejoJhyGT6