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‘No Quick Fix’ on interest rates - The New Nation
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‘No Quick Fix’ on interest rates - The New Nation
Staff Reporter : Lowering interest rates cannot be viewed as a single, stand-alone policy decision, as abrupt adjustments may disrupt the broader economic balance, Finance Adviser Salehuddin Ahmed said on Saturday. He cautioned that reducing rates without proper coordination across treasury bills, the banking system and market mechanisms could trigger unintended consequences for the wider economy. Ahmed made the remarks while speaking at an even…
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