Read arguments of 2 MPC members who wanted Policy Rate rate at 15% but majority voted for 15.5%

At the 128th Monetary Policy Committee (MPC) meetings held from 26 to 28 January 2026, the Committee, two out of the 6 MPC members voted for the policy rate to be reduced by 300 basis points to 15% from the initial 128%. But the majority voted for the rate to be reduced by 250 basis […]