- The National Bank of Kazakhstan cut its benchmark rate by 50 basis points to 15.75% on Friday, matching the forecasts of three economists surveyed by Bloomberg.
- The cut is the fourth consecutive reduction, following inflation in Central Asia's largest oil producer slowing to the lowest level since early 2025.
- The remaining four economists surveyed expected a 25 basis point reduction.
- The central bank warned there is little chance of a further reduction this year.