Serbian Central Bank Rate Cut

November 7, 2019

the National Bank of Serbia’s executive board did make a change in its policy rate, cutting such by 25 basis points to 2.25%. This is the third such cut since July. A statement of explanation cites weakening inflationary pressure and the easing actions of other central banks but asserts that Serbian domestic macroeconomic indicators continue to trace favorable trends.

Copyright 2019, Larry Greenberg. All rights reserved. No secondary distribution without express permission.

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