Romania keeps policy rate at 6.5%, signals minor adjustment to inflation outlook
Romania’s central bank BNR on February 17 maintained the policy rate at 6.5%, in line with expectations, and signalled minor adjustments to the inflation outlook to be updated on February 18. The expectations about the first interest rate…
iulian ernst · Journalist
· Updated · 3 min read
Romania’s central bank BNR on February 17 maintained the policy rate at 6.5%, in line with expectations, and signalled minor adjustments to the inflation outlook to be updated on February 18. The expectations about the first interest rate cut, which has been maintained at this level since August 2024, range from May to August.
The National Bank of Romania (BNR) sees, under current projections, the year-end inflation at 3.7% and is expected to slightly increase its projection under the revised inflation outlook. The year-end inflation is currently seen at 4.4%-4.5% by ING and Erste Group, after base effects will become visible in July-August.
