A young man balances on a tightrope. (Photographer: Dado Galdieri/Bloomberg)

Monetary Policy: Growth-Inflation Trade-Off Allows Some More Very Shallow Rate Cuts

The Monetary Policy Committee voted to cut the repo rate by 0.25 percentage points to 6 percent in the second back-to-back cut after February, voting 4-2. The neutral stance was maintained, but the...