Erste analysts expect Romania to defer next rate cut to Q2 2025
Oct 14, 2024
Erste analysts expect Romania to defer next rate cut to Q2 2025.
The data-dependent National Bank of Romania (BNR) will keep the key rate on hold at 6.5% at its last meeting of this year scheduled on November 8, according to a research note published by Erste Group. The decision would be based on the large fiscal slippage this year (recently confirmed by the (…)
[Read the article in Romania Business Insider]