BCR: Monetary tightening cycle in Romania reached its end “at least for a while”

Romanian financial group BCR, part of Erste bank group, argued that the latest (50bp) rate hike operated by the National bank of Romania (BNR) on November 8 marks the end of the monetary tightening cycle “at least for a while.”   The ambiguous formulation pointing to “a temporary end of the monetary cycle” similar to rather a halt or hiatus in the monetary tightening leaves, ...

Developed by Codecraftsman