The has held interest rates steady - keeping benchmark borrowing costs between 5.25 and 5.5 percent. The much-anticipated decision is the second time in six policy meetings this year that the central bank has not raised rates, slowing the pace of increases to allow time to assess the impact of its aggressive drive to dampen . Policymakers indicated however that they still expect another rate hike by the end of the year, according to projections released at the end of the two-day meeting.
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