Romania Refrains From Interest-Rate Hike Despite Inflation Surge
Published on: Tuesday 14 May 2019
Romania extended its era of steady borrowing costs to a year as the central bank vowed to further tighten control of money-market liquidity in its battle with surging inflation. The central bank has stood pat following three hikes in early 2018, and once again left its benchmark rate at 2.5% on Wednesday
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