Key events in EMEA next week
In the Czech Republic, we expect the monthly rate of consumer inflation to slow from 1.2% to 0.5%, while in Hungary, we see headline inflation in December…
Romania: 25 basis point cut, zero guidance
In an unscheduled meeting, the National Bank of Romania cut the key rate from 1.75% to 1.50% citing “extremely high uncertainties”. The press…
Romania and quantitative easing, who would’ve thought...
Following today’s decisions, monetary policy is entering a new phase in Romania. We expect a significant downward adjustment in rates and increased…
