Cosmin Marinescu, Vice-Governor BNR: ‘Romania Is About to Record a European Record for Maintaining Key Interest'
5 Articles
5 Articles
Romania could record a European record in terms of the period when the monetary policy interest remains unchanged, after the National Bank of Romania (BNR) maintained the reference rate of 6.5% in August 2024, warned Vice-Governor Cosmin Marinescu. He estimated that the current monetary policy could continue for several quarters, in the context of high inflation, energy shocks and budgetary imbalances.
The current course of stationary monetary policy is likely to continue for a further number of quarters, with Romania about to record a European record in this regard, according to Vice-Governor BNR Cosmin Marinescu.
Viceguvernatorul Băncii Naționale a României, Cosmin Marinescu, pledează pentru o politică monetară prudentă și cu perspectivă pe termen lung, pentru a menține economia mai sustenabil pe culoarul stabilității microfinanciare și pentru a evita, în mod înțelept și responsabil, capcana prociclicității. În studiul intitulat „Strategia politicii monetare: între mecanicism și recursul la fundamente”, Marinescu atrage atenția […] The post Viceguvernato…
Romania had inflation in the range associated with the target BNR in only 6 of the 21 years of implementation of the target strategy of inflation, while in 12 years inflation exceeded the target, says Cosmin Marinescu, vice-governor of the National Bank of Romania, in an analysis published on 25 October. It claims that monetary policy [...]
Cosmin Marinescu, Vice-Governor BNR: Romania faces risks of stagnation, persistent inflation and budgetary imbalances. Key interest could remain at 6.5% even more quarters
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