The central bank has lowered its key interest rate for the second consecutive meeting, citing continued concerns about economic growth. This latest cut brings the rate to a new low, aiming to stimulate borrowing and investment. Officials indicated that further rate reductions are possible in the coming months, dependent on incoming economic data. The decision reflects a cautious approach to managing inflation alongside efforts to bolster economic activity. Analysts suggest the cuts are a response to slowing global demand and domestic headwinds. The bank emphasized its commitment to maintaining price stability while supporting sustainable economic expansion. Businesses and consumers are expected to benefit from lower borrowing costs, but the overall impact remains to be seen.