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

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.

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