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The National Bank of Moldova (BNM) has reduced the base rate to keep inflation within the target range and to stimulate demand and investments.

Ana-Maria Tapescu

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Moldova

Foto: https://www.facebook.com/BNMoficial

The BNM's decision to reduce the base rate aims to maintain inflation within the optimal range of 5.0% +/- 1.5 percentage points. This measure is intended to stimulate aggregate demand, encouraging consumption and investments, which will lead to a decrease in loan interest rates. Recently, annual inflation decreased from 7.9% to 7.3%, and forecasts suggest that it will return to the target range by December.

Sources

Credite mai ieftine pentru companii și populație. BNM reduce rata de bază la 6% | Deschide

ȘTIRI PE ACELEAȘI SUBIECTE

Moldova

The NBM plans to encourage consumption and investment, keeping inflation at 5% on a downward trend.

International

The Bank of England cut its monetary policy interest rate by 25 basis points to 4.0%, in line with economists' expectations.

International

The Federal Reserve of the USA has decided on a 0.25 percentage point reduction in the monetary policy interest rate, the first in the last nine months, anticipating further decreases amid a slowdown in the labor market and tempering inflation.

Economy

The NBR decided to keep the key interest rate at 6.5%, anticipating an increase in inflation due to recent fiscal measures.

Economy

The NBR will keep interest rates unchanged, pending clarification on inflation, which is expected at 7.5% at the end of the year.

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