“The Expected Interest Rate Cut May Be Delayed”

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Inflation rose surprisingly high in June, at 2.9 percent according to the CPIF measure. This could cause problems for the Riksbank, according to chief economist Alexandra Stråberg. “The interest rate cut that was expected in August may now be delayed,” she says.

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Uncertainties related to the impact of rising energy prices after the regulated ceiling expires on July 1, as well as the announced measures to increase VAT and excise duties, should postpone the National Bank of Romania's (BNR) plans to reduce interest rates until 2026, notes Ciprian Dascălu, BCR chief economist, in a report on the bank's expectations regarding […] The article Economists: BNR will postpone the key interest rate cut, due to the …