Erste: Romania’s Central Bank Likely To Cut Key Rate To 3% End-September

09.10.2014 By Ecaterina Craciun

Romania’s central bank may cut its monetary policy rate by 0.25 percentage points to 3% in a Board meeting scheduled for September 30, because the slowdown in Romania’s inflation rate in August entails taking measures to stimulate the economy, Erste Group Bank said in a note Wednesday.

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