ING expects cautious approach to further rate cuts from Romania's central bank this year
Romania's central bank may resume interest rate cuts in the second half of 2025, though policymakers are likely to proceed cautiously amid persistent inflation risks and fiscal uncertainty, ING Bank analysts said on Monday, February 17.
Andrei Chirileasa · Journalist
· Updated · 2 min read
Romania's central bank may resume interest rate cuts in the second half of 2025, though policymakers are likely to proceed cautiously amid persistent inflation risks and fiscal uncertainty, ING Bank analysts said on Monday, February 17.
The National Bank of Romania (BNR) left its benchmark rate unchanged at 6.50% at its latest meeting on February 14, citing external risks and a lack of fiscal clarity. However, ING economists believe conditions for easing could align later this year, forecasting two rate cuts totaling 50 basis points (bps) starting from mid-2025.
