A change in monetary policy stance has been made, indicating a shift towards tighter conditions. This move is in response to growing concerns about inflation. The repo rate has been increased by a quarter of a percentage point, reaching 5.5%.

This adjustment marks the first increase in the repo rate since early 2023. The new stance suggests that interest rates will be kept tight, with no cuts planned for now.

Further details about the implications of this change are available, including what it may mean for future policy decisions and interest rates.