BNR's Isarescu: We discussed a potential timetable for reducing the monetary policy rate
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The Board of Directors of the National Bank of Romania (BNR) has discussed a potential timetable for reducing the monetary policy rate, but it takes two months to confirm that inflation is definitely coming down after a spike in January, BNR Governor Mugur Isarescu said on Thursday at a conference where he released the bank's latest monthly inflation report.
"I'm making one more comment here, because I understand that it concerns public opinion. With two inflation forecasts almost similar, from our point of view, so clearly downwards, and with the objective of reaching our (inflation) target…
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