Monday 5 August 2013

Romania: a surprise cut | beyondbrics

Romania: a surprise cut | beyondbrics:

"Worried about growth? Get cutting!

That was the message from Romania’s central bank as it surprised analysts and the market by cutting interest rates by 50 basis points to 4.5 per cent on Monday.

The bank noted in its statement (with our emphasis) that:"

'via Blog this'

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