The central bank is poised to increase interest rates at its next meeting, according to widespread expectations. Economists point to persistent inflationary pressures as the main reason for the anticipated move. This adjustment is intended to curb excessive economic growth and keep prices stable.

Sources indicate that the rate hike could be between 0.25% and 0.50%. The decision will depend heavily on the latest inflation data released just prior to the meeting. Financial markets are closely watching for any signals from the central bank regarding the magnitude and frequency of future rate adjustments.

Analysts believe that a measured approach to raising rates is crucial to avoid stifling economic expansion. The central bank faces the challenge of balancing inflation control with the need to support continued growth and employment.