Isărescu: 'This is not the time to discuss an interest rate reduction'

* The NBR maintained the inflation forecast of 7.5% for the last quarter of this year; for the first quarter of 2024 it estimates inflation of 7.7% * 'For now we do not see the signs of a recession, but the moderation of growth is obvious', said the governor of the BNR
The National Bank of Romania (BNR) is not considering a reduction in the monetary policy interest rate until inflation falls sharply, Governor Mugur Isărescu said on Friday, during the conference where he presented the 'Quarterly Report on Inflation'.

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