Some economists feel that cutting the rate again, already at a record low of 1.75%, will be a somewhat neutral move given the current difficult economic conditions due largely to the Covid-19 pandemic.
THE upcoming Monetary Policy Committee (MPC) meeting this Tuesday, which will determine whether the overnight policy rate (OPR) will be cut for the fifth time this year, has given rise to several divided views.
Some economists feel that cutting the rate again, already at a record low of 1.75%, will be a somewhat neutral move given the current difficult economic conditions due largely to the Covid-19 pandemic.
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