Rates round-up: Albania, Iceland, Macedonia, Moldova, Poland
Energy prices, geopolitical uncertainty begin to bite non-eurozone countries
Five central banks in Europe made monetary policy decisions today (February 5).
Albania held rates, Iceland cut rates by 50 basis points, Moldova hiked rates by 90bp, North Macedonia cut rates by 20bp and Poland held its policy rate.
Albania: rates holdThe Bank of Albania held its rates today.
The bank’s base interest rate will remain at 2.75%.
In his speech, Bank of Albania governor Gent Sejko said that in Q4 2024, inflation “remained unchanged”. In the year as a whole, inflation averaged 2.2% – a
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