National Bank of Romania Preview: Caution continues to be our base case

We expect the National Bank of Romania (NBR) to keep the policy rate at 6.75% at its 7 August meeting, https://think.ing.com/ reads.   However, the Bank’s updated inflation forecasts are likely to edge lower, hence another 25bp rate cut will very likely be on the table as well. We believe that prudence will prevail and that the next cut will come together with the November Inflation ...

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