The opinion poll: stance of interest rate decision at January Monetary Policy - 73% of the people expect the rates will be remain same, while 23% of the people expect at least 0.25% rate cut. Fewer people expect there will be rate hike at the monetary policy statement on 19th Tuesday. Current SDFR 4.5% , SLFR 5.5% are historically lowest. CBSL reduced the interest rates to keep the borrowing cost at lower level. That has enabled investors and public to start new business and continue same level of consumption. The ultimate objective of loosening monetary policy or expansion monetary is to boot the economy.
Public expect no change in the interest rates at January Monetary Policy
Opinion pollsJan 15, 2021