Economics
Romania Lowers Main Rate With CPI at Post-Communist Low
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Romania cut its benchmark interest rate to a record low as inflation slowed to a post-communist record, with the central bank signaling the easing cycle may have ended.
The Banca Nationala a Romaniei reduced the rate to 3.5 percent from 3.75 percent, according to an e-mailed statement today, matching the estimates of 12 of 18 economists in a Bloomberg survey. Six predicted no change.