https://www.taxtmi.com/news?id=41272 The central bank reduced its policy rate due to deteriorated growth prospects and "exceptional uncertainty" from elevated international import tariffs, prioritising growth support over prior inflation containment. Future rate decisions will be taken on a meeting-by-meeting basis. The easing aims to lower borrowing costs to support consumer and business credit and bolster activity across the currency area, reflecting how external tariff shocks have shifted the inflation-growth policy trade-off. en-us Thu, 17 Apr 2025 18:16:03 +0530 Thu, 17 Apr 2025 18:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41272 The central bank reduced its policy rate due to deteriorated growth prospects and "exceptional uncertainty" from elevated international import tariffs, prioritising growth support over prior inflation containment. Future rate decisions will be taken on a meeting-by-meeting basis. The easing aims to lower borrowing costs to support consumer and business credit and bolster activity across the currency area, reflecting how external tariff shocks have shifted the inflation-growth policy trade-off. News - Thu, 17 Apr 2025 18:16:03 +0530 https://www.taxtmi.com/news?id=41272