<h1>Central bank cuts rate 0.25%, signals two more cuts; governor's removal found unlawful, independence questioned</h1> The central bank cut its benchmark interest rate by 0.25 percentage points and projected two further cuts this year, shifting emphasis from inflation to deteriorating labor-market conditions. One policymaker dissented, preferring a larger cut, and a newly confirmed member joined the committee after a rapid nomination process. Separately, the executive branch's attempt to remove a sitting governor has prompted judicial findings that the dismissal violated due process and lacked sufficient justification, raising unprecedented legal questions about the central bank's independence and potential political interference.