Tag: First Capital Research trims down its rate cut probability to 50-pct

Central-Bank

First Capital Research trims down its rate cut probability to 50-pct

Dec 24, 2019 (LBO) – Considering the recent major policy changes, First Capital Research has trimmed down its rate cut probability to 50 percent from the previous expectation of 100 percent probability, specifically due to the tax benefits, moratorium on loans and easing of capital adequacy to stimulate the consumer demand and revive growth in […]