Romania Holds Rates as Inflation Near 10% Prevents Easing Debate

Romania’s central bank maintained one of the highest interest rates in the European Union as policymakers wait for inflation to slow from around 10% before they start discussions about lowering...

By Andra Timu, Irina Vilcu · Bloomberg Markets

Romania’s central bank maintained one of the highest interest rates in the European Union as policymakers wait for inflation to slow from around 10% before they start discussions about lowering borrowing costs.