Serbia Unexpectedly Holds Rates as Caution Trumps Slowing Growth
Serbia 's central bank unexpectedly kept borrowing costs unchanged for a ninth month, sticking to a cautious policy approach even as inflation eases and economic growth slows.
The National Bank of Serbia held the one-week repurchase rate at 5.75% on Thursday. The decision matched the forecasts of seven out of 18 economists in a Bloomberg survey, while the others expected a quarter-point cut.
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