ING expects Romania's central bank to keep policy rate steady amid persistent inflationary risks
ING Bank estimates that the National Bank of Romania (BNR) will maintain the key interest rate at 6.50% at the meeting on January 15 due to persistent inflationary risks, according to a bank's research note. The position tends to reflect…
iulian ernst · Journalist
· Updated · 2 min read
ING Bank estimates that the National Bank of Romania (BNR) will maintain the key interest rate at 6.50% at the meeting on January 15 due to persistent inflationary risks, according to a bank's research note. The position tends to reflect consensus expectations.
"While economic growth concerns are not to be taken lightly, we think the Bank will need to see its risk heatmap turning less red before proceeding again with its cautious easing cycle," the report reads.
