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2022/07/04 / Erste Group Research

A very busy week ahead awaits us as three regional central banks have their rate-setting meetings scheduled. The Romanian central bank will likely increase its key rate by 75bp to 4.50% on Wednesday. The credit facility rate, which remains the relevant operational policy instrument under tight liquidity management policy, should thus reach 5.50%. On Thursday, the Polish and Serbian central banks will tighten their stances once again. We expect the key rate to be hiked by 50bp to 3% in Serbia, whereas the market foresees a 75bp key rate increase to 6.75% in Poland.

General information

AuthorErste Group Research
Date2022/07/04
Languageen
Product nameVideo
Topic in focusFX, Macro/ Fixed income
Economy in focusCEE, Poland, Romania, Serbia
Currency in focusPolish Zloty, Romanian Leu, Serbian dinar
Sector in focus-
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