Romanian MPC hikes rates again
National Bank of Romania warns of considerable uncertainty over future inflation levels
The Romanian central bank carried out its third consecutive rate increase on January 10, as inflation remained above target.
The National Bank of Romania’s nine-member monetary policy committee raised the policy rate by 25 basis points to 2%, following equal rises in October and November. It also again raised the Lombard rate to 3.00% from 2.5%, while keeping the deposit facility rate at 1%. The MPC kept banks’ reserve ratios at their previous levels.
Inflation remains well above the central
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