Romanian Central Bank board observed that anticipated values of the annual inflation rate over short-term were significantly higher than in november forecast, considerably above the upper bound of the variation band of the flat target

Noticias del mercado

15 enero 2018

Romanian Central Bank board observed that anticipated values of the annual inflation rate over short-term were significantly higher than in november forecast, considerably above the upper bound of the variation band of the flat target

Minutes showed additional arguments for hike were the risk of stronger-than-expected pro-cyclicality of fiscal and income policies in 2018 or that of a chronic worsening of budget expenditure composition
A major source of uncertainty and upside risks to inflation outlook was the evolution of fuel prices and other utility prices, amid high volatility of international oil prices

Reuters poll - Bank of Canada to raise interest rates to 1.25 pct on jan 17; median 70 pct likelihood of a hike

Moody' expects global economic growth to remain robust over the coming 2 years, supporting businesses and governments

Enfoque del mercado

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