Romania's central bank may delay rate cuts amid concerns over EU's highest inflation rate.
Romania's central bank may delay rate cuts due to concerns over the EU's highest inflation rate. With the key rate on hold at 7% for over a year, ten economists expect a 0.25% cut in May, while six predict no change. Governor Mugur Isarescu suggested policy easing could start in May, but board member Cristian Popa stated the institution may need more time as inflation is not slowing as expected and risks remain elevated.
May 13, 2024
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