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Consider the existing economic conditions, including inflation and economic growth. The inflation rate is forecasted to be 0.5% and the growth rate of GDP is

Consider the existing economic conditions, including inflation and economic growth. The inflation rate is forecasted to be 0.5% and the growth rate of GDP is forecasted to be 1% for the next three months. Present a cogent argument to support your views on whether the Central Bank should increase interest rates, reduce interest rates, or leave interest rates at their present levels?

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