BNR may announce 100bp rate hike on May 10

Romania's monetary authority may hike the policy rate by 100bp to 4% in a bold step towards addressing rising inflation, chief economists of several local banks believe. Romania's National Bank (BNR) holds its monetary board meeting on May 10, after the central banks of Poland and the Czech Republic announced similar steps, of a smaller magnitude (75bp each) but from a higher ...

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