The Serbian central bank’s vice-governor, Vessel Pjescic, said on Thursday the bank had room to lower its benchmark interest rate, now set at 4 percent.
Last week, the central bank left the rate unchanged, amid uncertainty over U.S. Federal Reserve policy, even though inflation stood at just 1.5 percent year-on-year in October.
“The benchmark rate is still relatively high … there is space to lower it,” Pjescic told an economic conference in Belgrade.
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