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 NewsRSSNBU: Key policy rate should not prevent inflation from diminishing to the target
25 of March 2019 г.
The Monterey Policy Committee (MPC) of the National Bank of Ukraine has stated that the beginning of the cycle of key policy rate decease should be timed in a manner that mitigates the risks that may prevent inflation from diminishing to the target.
This is stated in a report posted on the NBU website following the MPC meeting - Ukrinform. “Six MPC members said that it would be too early to ease monetary policy now, but this option should be revisited in future meetings. The launch of the cycle of key policy rate cuts should be timed in a manner that mitigates the risks that may prevent inflation from diminishing to the target,” reads the report. They MPC members provided the following arguments to support their view: for inflationary pressure to continue to decrease from the still high level, a sufficiently tight monetary stance is necessary. At this time, the required tightness of monetary policy is best ensured by holding the key policy rate unchanged. FM-TV Отправить в:      другие новости
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