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Reuters: Romania's central bank to alter policy to curb inflation

Romania's central bank will alter monetary policy to fight inflation by narrowing the gap between lending and deposit rates, Governor Mugur Isarescu said on Tuesday as the bank raised its inflation forecast for this year and next. Excess demand, volatile food prices and energy tariff hikes will push inflation to 1.9 percent at the end of this year - 0.3 percentage points higher than the previous forecast - and 3.2 percent at the end of 2018, the bank ...

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