National Bank of Serbia
April 11, 2017
After leaving their key interest rate unchanged at 4.0%, the level since a cut of 25 bps last July, Serbian monetary officials released a statement that again stressed their expectation that inflation will remain inside the 3.0 +/- 1.5% target range. Core inflation has been lower than headline inflation, printing at just 1.7% in February. Back in March 2013, Serbia’s monetary policy rate was 12.25%.
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