To Cut or Not to Cut?

To Cut or Not to Cut?   İs that the Question for Central Bank in Azerbaijan? The Central Bank has lowered its discount rate from 5.25% to 5% starting this week. According to the Central Bank, taking into account the optimal level of inflation, this step will lead to a decrease in inflation rates and thereby support economic growth in non-oil sectors.  The bank said that the targeted inflation rate would maintain currency stability and increase... Read More