MPC keeps repo rate unchanged at 5.5%, GDP growth maintained at 6.5%, inflation forecast at 3.1%
The Monetary Policy Committee (MPC) after assessing the current and evolving macroeconomic situation, voted to maintain the policy repo rate at 5.50%. Consequently, the standing deposit facility (SDF) rate under the liquidity adjustment facility (LAF) remains unchanged at 5.25% and the marginal standing facility (MSF) rate and the Bank Rate at 5.75%. This decision is…