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of <h1>Central Bank Poised to Cut Interest Rates to Boost Economic Growth and Ease Trade Tensions</h1> The central bank governor will announce the bi-monthly monetary policy, with expectations of a potential interest rate cut to stimulate economic growth amid trade tensions. The Monetary Policy Committee is likely to reduce the benchmark lending rate by 25 basis points, with some experts suggesting a possible 50 basis point reduction. The rate cut aims to lower lending rates and reduce borrowing costs for retail and corporate sectors.
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