Will BNR Start Cutting Its Key Rate? Barclays Says Yes, ING Believes Expectations Are Wrong

08.31.2011 By Razvan Voican

The falling inflation, disappointing economic growth and the risk outlooks for 2012 will make a case for the Romanian central bank (BNR) to give a monetary policy easing signal at the September 29 meeting of its board, and in the fourth quarter of 2011, or first quarter of 2012 at the latest, it will start reducing its key rate by half a percentage point, to 5.75% per annum, JP Morgan and Barclays analysts estimate.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

 
Keywords:
MONETARY POLICY
, KEY RATE