The Serbian central bank has room to consider a “steeper cut” in borrowing costs because inflation is “no longer the concern,” the head of the country’s Fiscal Council Pavle Petrovic said.
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“Now that inflation is no longer the concern and it is definitely going to be in the single digits, the central bank could consider a steeper cut in the benchmark rate to give support to the slowing economy,” Petrovic said at a bank conference today in Belgrade.
Source businessweek.com
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