BRD: BNR Likely To Cut Key Rate By Quarter-Point In November

10.20.2011 By Florentina Dragu

Romania’s lower-than-expected inflation could prompt the central bank to lower its key rate by a quarter-percentage point to 6% in November, the first cut in 17 months, BRD-Groupe Societe Generale said in its autumn macroeconomic report Thursday.

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Keywords:
BRD
, KEY INTEREST RATE
, INFLATION