BNR governor argues there is no reason to further cut key rate
Publicat:Governor of the National Bank of Romania (BNR), Mugur Isarescu, says there are no reasons to further cut the key interest rate and states that the central bank is ready to ensure the flexibility of the inflation target.
"Looking forward, the Romanian authorities will continue to maintain appropriate support measures. However on the fiscal front we do see merit to start the consolidation. On the monetary front, we do not see any reason to further reduce the monetary policy rate and we are ready to ensure the flexibility of our inflation targets having in mind the pretty elevated debt…
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