RATE CUT
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Romanian Government to Postpone VAT Cut to 18% for 2019
Romania's government will postpone a standard value-added tax rate cut to 18% from 19% for 2019, according to the new government program to be voted upon in Parliament Thursday.
Romania Central Bank Doesn’t Want More Rate Cuts
Romania’s central bank will try to refrain from cutting the monetary policy rate even if the inflation falls in negative territory, as the economy is expected to grow 4% this year and won’t...
Capital Economics: Romania Low Inflation May Spur More Rate Cuts
The Romanian central bank’s decision to cut its key rate to 2.75% won’t have much of an impact on overall monetary conditions, but signals the policymakers are alert to the prospects of even...
Romania Central Bank Still Has Room To Cut Rates - Governor
Romania’s central bank still has “some” room to further lower its main interest rate, following four consecutive cuts this year, governor Mugur Isarescu said Tuesday.
Garanti Bank Sees BNR Easing Key Rate By 75 Bps In 2013
Garanti Bank estimates Romania’s central bank will likely reduce its key interest rate by 75 basis points this year amid improved inflationary expectations.
Franks, IMF: Would Have Waited A Few Months Before Slashing Rates
Romania's central bank could have waited a few more months to see if the disinflation process takes hold before lowering its main interest rate, Jeffrey Franks, head of the IMF mission to Bu...
Analysts React To BNR's Rate Cut Decision: Too Little, Too Late
The central bank’s decision to cut its main interest rate by a quarter-point to 6% comes rather late and its effects on bank lending might pass unnoticed, analysts said.