NBS: Key policy rate remains at 4.5 percent

The Executive Board of the National Bank of Serbia (NBS) decided on Tuesday to keep the key policy rate at 4.5 percent.

Izvor: Tanjug

Tuesday, 12.01.2016.

15:15

NBS: Key policy rate remains at 4.5 percent
(Tanjug, file)

NBS: Key policy rate remains at 4.5 percent

As the Fed started normalizing the monetary policy, uncertainties are now mostly associated with the pace and scale of policy rate increases during 2016, which will have a major impact on commodity and financial markets and capital flows towards emerging economies, the NBS noted.

Even so, these effects will be moderated by the ECB's further monetary easing and the extension of non-standard measures until March 2017.

Against a backdrop of strong geopolitical tensions, uncertainties in the international environment are further heightened by turmoil in the financial market and a Chinese slowdown.

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