The Board of the CBA left the refinancing rate unchanged 7.5 percent
2014-03-25 10:18
Interest rate unchanged, 7.5 percent
In the March 25, 2014 Meeting, the Board of the CBA decided to leave the Refinancing Rate of the CBA unchanged, at 7.5 percent.
There was 1.2 percent of deflation in February of 2014, compared with 0.4 percent of deflation recorded in the same month of the previous year, with the 12-month inflation having amounted to 4.6 percent in late February. In the coming months, the Board considers, the 12-month inflation rate will continue to decline and rest closer...
The Board of the CBA lowered the refinancing rate by 0.25 percent
2014-02-11 10:13
Interest rate lowered by 0.25 percent
In the February 11, 2014 Meeting the Board of CBA decided to lower the Refinancing Rate of CBA by 0.25 percent to 7.5 percent.
Inflation in January of 2014 was 2.8 percent, with the 12-month inflation having amounted to 5.5 percent in late January and resting closer to the upper bound of the confidence band. In recent months inflation has subsided at a faster rate than forecasted, which was due to slower-than-expected economic activity and price falls on...
The Board of the CBA lowered the refinancing rate by 0.25 percent
2013-12-24 11:19
Interest rate lowered by 0.25 percent
In the December 24, 2013 Meeting the Board of CBA decided to lower the Refinancing Rate of CBA by 0.25 percent to 7.75 percent.
There was 0.9 percent inflation in November of 2013 against 1.4 percent inflation recorded in the same period of the previous year; the 12-month inflation continued to reduce and in late November it reached 6.6 percent. Inflation is reducing at a faster rate than forecasted, therefore in the end of the year the 12-month inflation...
The Board of the CBA lowered the refinancing rate by 0.5 percent
2013-11-12 11:15
Interest rate lowered by 0.5 percent
In the November 12th of 2013 Meeting the Board of CBA decided to cut the Refinancing Rate of CBA by 0.5 percent to 8.0 percent.
There was 0.3 percent inflation in October of 2013 against 1.2 percent inflation recorded in the same period of the previous year; the 12-month inflation continued to reduce and in late October it reached 7.1 percent. The down-sloping path of inflation was mainly driven by tightened monetary conditions and lower-than-projected...
The Board of the CBA left the refinancing rate unchanged 8.5 percent
2013-09-24 11:13
Interest rate unchanged, 8.5 percent
In the September 24th of 2013 Meeting the Board of CBA decided to leave the Refinancing Rate of CBA unchanged, at an 8.5 percent level.
There was 0.3 percent inflation in August of 2013 against 0.4 percent deflation recorded in the same period of the previous year, and the 12-month inflation in late September reached 9.3 percent. The Board admits that in the upcoming months the inflation will reduce to approach the forecast path. In view of easing...
The Board of the CBA raised the refinancing rate by 0.5 percent
2013-08-13 11:10
The Board of the CBA raised the refinancing rate by 0.5%
In the August 13th of 2013 Meeting the Board of CBA decided to raise the Refinancing Rate of CBA by 0.5pp, setting it at 8.5 percent.
There was 0.4 percent inflation recorded in July of 2013 mainly due to the rise of energy tariffs. With the 1.5 percent deflation reported for same period of the previous year this led to the increase of the 12-month inflation up to 8.5 percent at the end of July. The CBA decision is aimed to anchor the...
The Board of the CBA left the refinancing rate unchanged 8 percent
2013-06-25 11:07
Interest rate unchanged, 8 percent
In the June 25th of 2013 Meeting the Board of CBA decided to leave the Refinancing Rate of CBA unchanged, at 8 percent.
There was 0.02 percent deflation recorded in May of 2013. With the 1.3 percent deflation reported for the same period of the previous year, this led to the increase of the 12- month inflation up to 5.2 percent at the end of May.
The Board acknowledged that there was further slowing of the economic growth rates in the external environment....
The Board of the CBA left the refinancing rate unchanged 8 percent
2013-05-14 11:04
Interest rate unchanged, 8 percent
In the May 14th of 2013 Meeting the Board of CBA decided to leave the Refinancing Rate of CBA unchanged, at 8 percent.
There was 0.1 percent deflation recorded in April of 2013, with the 12-month inflation of 3.9 percent, almost in concurrence with the target inflation. According to the CBA estimations, the 12-month inflation will go up by the end of the second quarter, staying at the upper bound, but it will however stabilize around the target in the...
The Board of the CBA left the refinancing rate unchanged 8 percent
2013-03-26 11:02
Interest rate unchanged, 8 percent
In the March 26th of 2013 Meeting the Board of CBA decided to leave the Refinancing Rate of CBA unchanged, at 8 percent.
There was 0.4 percent deflation recorded in February of 2013, with the 12-month inflation of 3.1 percent.
The Board acknowledged continued uncertainties over political solutions to debt problems in developed economies and slower world economic growth rates. In the meanwhile, the global market of basic raw materials posted a moderate...
The Board of the CBA left the refinancing rate unchanged 8 percent
2013-02-12 10:59
Interest rate unchanged, 8 percent
In the February 12th of 2013 Meeting the Board of CBA decided to leave the Refinancing Rate of CBA unchanged, at 8 percent.
There was 2.9 percent inflation recorded in January of 2013, and the 12-month inflation reached 2.6 percent, staying close to the lower bound of the confidence band of 4 percent ±1.5 pp. The Central Bank estimates that in the first half of 2013 the 12-month inflation will grow and in the forecast horizon it will stabilize around...
The Board of the CBA left the refinancing rate unchanged 8 percent
2012-12-11 11:59
Interest rate unchanged, 8 percent
In the December 11th of 2012 Meeting the Board of CBA decided to leave the Refinancing Rate of CBA unchanged, at 8 percent.
There was 1.4 percent inflation recorded in November of 2012, and the 12-month inflation has been 3.6 percent, closer to the confidence band.
The Board admitted that macroeconomic developments in November were mostly in compliance with the baseline scenario in the fourth quarter’s Monetary Policy Program. In the external...
The Board of the CBA left the refinancing rate unchanged 8 percent
2012-11-06 11:56
Interest rate unchanged, 8 percent
In the November 6th of 2012 Meeting the Board of CBA decided to leave the Refinancing Rate of CBA unchanged, at 8 percent.
There was 1.2 percent inflation recorded in September of 2012, and the 12-month inflation increased to 3.4 percent, coming closer to the confidence band.
The Board admitted that influences expected from the external sector remain minor inflationary. In spite of further uncertainties over political solutions regarding debt problems...
The Board of the CBA left the refinancing rate unchanged 8 percent
2012-10-09 11:53
Interest rate unchanged, 8 percent
In the October 9th of 2012 Meeting the Board of CBA decided to leave the Refinancing Rate of CBA unchanged, at 8 percent.
There was 0.8 percent inflation recorded in September of 2012, and the 12-month inflation remained unchanged, 2.5 percent, which is the lower border of the confidence band.
The Board admitted that influences expected from the external sector remain minor inflationary. In spite of further uncertainties over political solutions...
The Board of the CBA left the refinancing rate unchanged 8 percent
2012-09-04 11:50
Interest rate unchanged, 8 percent
In the September 4th of 2012 Meeting the Board of CBA decided to leave the Refinancing Rate of CBA unchanged, at 8 percent.
There was 0.4 percent deflation recorded in August of 2012, and the 12-month inflation amounted to 2.5 percent, which coincides with lower bound of the confidence band.
The Board admitted that in August both external and domestic economies have been progressing in line with the baseline scenario as outlined in the third quarter’s...
The Board of the CBA left the refinancing rate unchanged 8 percent
2012-08-07 11:47
Interest rate unchanged, 8 percent
In the August 7th of 2012 Meeting the Board of CBA decided to leave the Refinancing Rate of CBA unchanged, at 8 percent.
There was 1.5 percent deflation recorded in July of 2012, and the 12-month inflation amounted to 2.3 percent, approaching the lower border of the confidence band.
The Board admitted that minor inflationary and stabilization trends are expected in the main commodities markets amid slowly recovering world demand. However, anticipation...