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2022/02/07 / Erste Group Research

Three regional central banks are due to review their monetary policy this week. The Polish central bank should bring another hike of 50bp, thus raising the key rate to 2.75%. Romanian NBR is likely to stick to its gradual pace of 25bp increases. Serbian central bank is anticipated to keep its key rate unchanged at 1% as long as the reverse repo rate is below that level. Given the pace of recent repo rate hikes, it may match the key rate at the end of March or in early April; thus we expect the first hike in April, or May at the latest.

General information

AuthorErste Group Research
Date2022/02/07
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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