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Serbia Seen Resuming Rate Cuts After Long Pause: Decision Guide
Serbia Seen Resuming Rate Cuts After Long Pause: Decision Guide

Bloomberg

time2 days ago

  • Business
  • Bloomberg

Serbia Seen Resuming Rate Cuts After Long Pause: Decision Guide

Serbia is poised to cut borrowing costs for the first time since September as inflation approaches the central bank's target and economic growth slows. The National Bank of Serbia is likely to reduce its one-week repurchase rate by 25 basis points to 5.5%, according to 11 of 18 economists in a Bloomberg survey. The rest expect policymakers to keep the benchmark on hold, even after the European Central Bank, which Serbia monitors closely for direction, continued to reduce rates last week.

Serbia Holds Rates With Inflation Risks Eclipsing Slower Growth
Serbia Holds Rates With Inflation Risks Eclipsing Slower Growth

Bloomberg

time09-05-2025

  • Business
  • Bloomberg

Serbia Holds Rates With Inflation Risks Eclipsing Slower Growth

Serbia kept borrowing costs unchanged for an eighth month as concern over inflation and rising global trade tensions prevailed over a sharp slowdown in economic growth amid months of public protests. The National Bank of Serbia kept its one-week repurchase rate at 5.75% on Friday, as predicted by most analysts in a survey. Only three out of 17 economists expected a quarter-point cut. Inflation has hovered around the upper end of the central bank's tolerance range since July and was at a 4.4% annual rate in March.

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