Dear All, Ten (10) members of the committee were in attendance. Decision (unanimous) Retain MPR at 11.5% Retain the asymmetric corridor of the MPR at +100 / -700 basis point. Retain CRR at 27.5% Retain liquidity ratio at 30%. The MPC noted the relatively healthy GDP growth posted in Q3 ’21, as well as improving …

The NBS has released its November inflation report to show – Headline rate 15.40% y/y (15.99% in October): Core rate 13.85% y/y (13.24%); and Food rate 17.21% y/y (18.34%). November’s headline reading declined by 59bps (when compared with the previous month) to 15.40% y/y. On a monthon-month basis, headline inflation increased by 1.1% in November …