Serbia: Central Bank stands pat in June

serbia central bank stands pat in june

Sumary of Serbia: Central Bank stands pat in June:

  • At its 10 June meeting, the Executive Board of the National Bank of Serbia left the key policy rate unchanged at its all-time low of 1.00%..
  • The decision was driven by the Bank assessment that prior monetary and fiscal policy measures have buttressed economic activity and will continue to do so..
  • The economy has outperformed expectations since the beginning of the year according to the Bank, and it is forecast to continue growing in the period ahead, “largely as a result of the coordinated monetary and fiscal policy measures”….

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