Jeff

The central bank is completely autonomous.  They can change the rate whenever they want.  What we don’t know is do they perceive or deem the formation of the government as a level being completed.  Is that a level of stability regarding the rate change?  We’ll never know.  We can’t confirm.  We have no way to verify that…It does make sense for them to change the rate before the government is done formed and completed.  Reason why is they still have quite a bit of things they have to do after the rate changes.  They have to approved 150+ laws.  One of those would be the ’26 budget. :Jeff