Serbia Set to Hold Rates as Hiking Cycle Ends: Decision Guide
- Most analysts see key rate staying at 6.5% through December
- Falling inflation, bigger mandatory reserves come into play
The headquarters of the National Bank of Serbia in Belgrade.
Photographer: Oliver Bunic/BloombergThis article is for subscribers only.
Serbia is likely to hold borrowing costs unchanged as easing inflation allows policymakers to take a step back and assess the impact of their steepest monetary tightening drive on record.
The National Bank of Serbia will leave its one-week repurchase rate at 6.5% on Friday, keeping it at the highest level in over eight years for a third meeting, according to 13 out of 15 analysts in a Bloomberg survey. Two expect a 25 basis-point increase.