National Bank of Serbia Leaves Policy Rate at 4.0% and Expresses More Optimism
Serbia’s central bank policy rate had been halved in nine steps between March 2015 and July 2016 from 8.0% to 4.0%. Officials saw no need to ease further at the August review. Serbian inflation, foreign rates of inflation, and domestic aggregate demand are projected to rise. Serbia is considered more immune from external shocks because of implemented “fiscal consolidation measures and structural reforms” at home. The budget and external deficits are shrinking. A final cause for optimism about the future reflects the monetary stimulus of other central banks.
Copyright 2016, Larry Greenberg. All rights reserved. No secondary distribution without express permission.
This entry was posted on Thursday, August 11th, 2016 at 10:12 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
WE RECOMMEND THE VIDEO: My Day Trading Computer Setup Just Got Weird AF - Best Samsung Monitor Ever?!
Looking for the best day Trading computer setup and Samsung Monitor? Look no further than the Samsung ultrawide g9 odyssey 49\" curved gaming monitor ...
Comments are closed.
Currency Thoughts has evolved from a blog to a full-functioning website. This new design provides easier access to your favorite features and new capabilities to accept ads. In the future, it will be possible to register to accept emailed updates.