trending Market Intelligence /marketintelligence/en/news-insights/trending/bF-LA2qjAcNV6uYHNZNhSg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Kazakhstan's central bank maintains rate

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Kazakhstan's central bank maintains rate

The National Bank of the Republic of Kazakhstan maintained its base rate at 9.25% as it projected a potential pickup in inflation early next year.

The central bank said annual inflation is forecast to come in between 5.5% and 5.7% at the end of 2019 before slowing down to a range of 5.0% to 5.5% by the end of 2020.

In the first quarter of 2020, inflation may accelerate to the upper bound of the central bank's target range of 4% to 6% due to higher food prices and tariffs on services, the bank said.

Kazakhstan's economic growth is expected to weaken to a rate of 3.8% in 2020 from an estimated expansion of 4.2% in 2019, according to the central bank.